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Research Article
Russian Journal of Economics 4(2): 133-154
https://doi.org/10.3897/j.ruje.4.27726 (30 Jun 2018)
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  • 1. Introduction
  • 2. What is wrong with the middle-income trap: Policy failings are not new
    • 2.1. A brief look at the concept
    • 2.2. A critique of the trap part I: Where is the novelty
    • 2.3. Timing, timing
    • 2.4. What about institutions
  • 3. A most predictable trap
    • 3.1. India’s love-hate relationship with growth
    • 3.2. South Africa’s self-made trap
    • 3.3. Property rights: a transition to growth for Russia and the former Soviet Union
  • 4. Conclusions
    • 4.1. The fundamentals still matter
    • 4.2. Institutions are necessary… political and economic
  • References
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