Inclusive growth key to escaping the ‘Middle Income Trap’ —NEDA

BORACAY, AKLAN— Inclusive growth lays the economic foundation needed for more investments and innovation, which in turn, are essential for middle income economies to graduate to high-income status and escape the middle income trap, according to the National Economic and Development Authority (NEDA). “Escaping the so-called middle income trap requires governments and the private sector continue reading : Inclusive growth key to escaping the ‘Middle Income Trap’ —NEDA