Do rapid rates of growth propel developing nations to fully developed status, or do some countries tend to get ""stuck""? The latter seems to be true, so here's a look at what we know about a puzzling and important phenomenon.
Development Economics course: http://mruniversity.com/courses/development-economics-0
Ask a question about the video: http://mruniversity.com/courses/development-economics/middle-income-trap#QandA
Next video: http://mruniversity.com/courses/development-economics/rule-70
Continue this lesson in the app
Install CourseHive on Android or iOS to keep learning while you move.
