World Bank Report 2024 Warns India About ‘Middle-Income Trap’
03 Aug 2024
The World Development Report 2024 by the World Bank, released on August 1, highlights the challenges India and other middle-income countries face in avoiding the 'middle-income trap.' This trap occurs when economies grow to a certain level but then struggle to advance further, preventing them from reaching high-income status. Key...
Read More
