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Csontos, T.T.: Two manifestations of the middle-income trap in East-Central Europe

Two manifestations of the middle-income trap in East-Central Europe   Author: Tamás Csontos In: Global Economic Observer, 12(2), 15-24.   Abstract The paper attempts to reinterpret the concept of the middle-income trap and develops the theory of participation and self-effort. On this basis, the paper distinguishes two different types of middle-income traps. The exclusion trap, […]