ASIA, THE MIDDLE INCOME TRAP AND ECONOMIC FREEDOM

The EFN Asia 2013 Conference looked at the term “middle income trap” – the difficulties many developing countries face in creating an advanced high-income economy. Sessions attempted to find the root causes of these problems, determine what constitutes a “middle-income country” and find policies and actions that help resolve them.

Keynote speakers included Abhisit Vejjajiva, former Prime Minister of Thailand, Adinda Tenriangke Muchtar, Program Director of The Indonesian Institute Centre for Public Policy Research, Barun Mitra, Director of the Liberty Institute India, Prof. Bibek Bebroy, professor at the Indian Centre for Policy Research, Dr. Chayodom Sabhasri, Dean of Faculty of Economics at Chulalongkorn University (Thailand), Dr. Ken Schooland, Professor of the Hawaii Pacific University and Dr. Hiroshi Yoshida, Institute of Public Sector Accounting Japan, among others.

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