Zoltán Bartha

Configurations, Not Thresholds: The Middle-Income Trap in the CEE Members of the OECD

The middle-income trap is usually identified by comparing a country's income to a threshold. This reveals that convergence has stalled but not where the blockage lies, and it leaves unexplained why the trap is still debated in countries that have already passed the threshold. This study treats the trap as a configura...