Is China Slipping into the 'Middle Income Trap'? (user search)
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  Is China Slipping into the 'Middle Income Trap'? (search mode)
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Question: Is the People's Republic of China slipping into the 'Middle Income Trap'?
#1
Yes
 
#2
No
 
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Total Voters: 34

Author Topic: Is China Slipping into the 'Middle Income Trap'?  (Read 6234 times)
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khuzifenq
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« on: January 30, 2023, 11:59:25 PM »

Is it even possible for a nation which truncates the free flow of information because of its authoritarian/totalitarian tendencies to achieve a first world economic status and income? Has that ever happened before in the post war period as economies became more information based and agile and supple?

South Korea was a military dictatorship and Taiwan an authoritarian one-party state with permanent martial law when they made the transition to a first world economy.

Both of which had close ties to the US and had received hefty amounts of aid in the decades prior. Taiwan also benefitted from brain/wealth drain of fascistKMT-aligned elites following the Chinese Civil War, which is also true for British Hong Kong to some extent.
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