Risk and Avoidance: A Comparative Study of the Middle-income Trap in China, Malaysia and South Korea

Authors

  • Fu Hong Yan Hebei University, China
  • Shi Yu Jiang Faculty of economics and managent, University Putra of Malaysia

DOI:

https://doi.org/10.11113/sh.v64n3.75

Keywords:

Middle-income trap, China, Malaysia, Republic of Korea

Abstract

By comparing the practice of how Malaysia and Korea solving the middle-income trap, this paper analyses the Chinese economic condition and development trends; discusses how should China face the pending problems; and finally provides suggestions on avoiding the middle-income trap and successfully confronting this challenge.

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Published

2013-08-15

How to Cite

Yan, F. H., & Jiang, S. Y. (2013). Risk and Avoidance: A Comparative Study of the Middle-income Trap in China, Malaysia and South Korea. Sains Humanika, 64(3). https://doi.org/10.11113/sh.v64n3.75