Since 1990, only 34 middle-income economies have managed to shift to high-income status. The rest remained trapped in what ...
India is growing faster than most major economies, yet remains stuck in the lower-middle-income category. Can Gulf trade, investment, and jobs change the equation?
Vietnam and the Philippines have reached upper-middle-income status, while Thailand continues to face the middle-income trap.
Thailand's ambition to become a data-and-technology-driven economy faces structural hurdles, says a senior researcher at the ...
Vietnam has officially entered the group of upper-middle-income economies. This milestone crowns nearly 40 years of Doi Moi ...
Delhi, Karnataka, Telangana, Tamil Nadu, and Gujarat — have crossed the World Bank's upper-middle-income threshold, a milestone widely celebrated as proof of accelerating development. But the piece ...
Discover how the Zentheon uses AI-driven entrepreneurship to empower SMEs, boost innovation, and transform global economic ...
The announcement that the World Bank has officially restored Sri Lanka to Upper-Middle Income Country (UMIC) status has been ...
Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.
After hitting this milestone, the country’s chief economist says the challenge is now both 'making the growth faster' and ...
If Malaysia continues to focus on domestic platforms and generalized talent cultivation without forging deep, structural ...
Group as an upper-middle-income economy marks an important milestone in the country’s development trajectory, said Mariam J.