Can China exceed US$15,000 per capita?

Tue, 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. 

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