Can China exceed US$15,000 per capita?

Mar 18, 2014 6:00 PM (GMT+8) The HEAD Foundation 20 Upper Circular Road #02-21 The Riverwalk Singapore 058416

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Many studies have identified a "middle-income trap" at around US$15,000 per capita, where a society's growth slows and may come to a stop. Societies that rely largely on interpersonal trust to stabilize economic relations are at greatest risk of levelling out at this plateau. The lecture explores the challenges involved in avoiding stagnation. 

 

Can China exceed US$15,000 per capita?

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