One of the great questions facing China is whether or not its economy can continue to produce the rapid gains in welfare for its giant population that the country has witnessed over the past 30 years.

A couple weeks ago, I mused a bit about how developing countries graduate into the leagues of the world’s richest nations, specifically looking at the case of Malaysia. That country has been stuck at ...

Vietnam has five years to lift GDP per capita to US$8,500 by 2030 - an ambitious target that demands structural reform and new growth engines.

WASHINGTON, August 1, 2024—More than 100 countries—including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in the next ...

More than 100 countries, including China, are at risk of entering a "middle-income trap" and failing to become wealthy nations, the World Bank said Thursday as it unveiled a "comprehensive roadmap" to ...

With its GNI per capita having increased steadily in recent years, China has probably evaded the middle-income trap. But the country may yet find itself ensnared in a kind of economic Thucydides trap: ...