This P-Talk highlights the challenges that middle-income APO members may encounter during their development process toward the higher-income ranks.

Dr. Kenichi Ohno shares insights into patterns of productivity convergence and signs of the middle-income trap. Examples of industrial policies and strategies to avoid the middle-income trap are elaborated. Policy implications for APO middle-income members to foster labor productivity growth and catch up with high-income economies are presented.

Please click here to watch.

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For any inquiries, please write to: p-talk@apo-tokyo.org.