BRICS or Bust?: Escaping the Middle-Income Trap

This book argues that Brazil, Russia, India, China, and South Africa must invest in the productivity of ordinary citizens to avoid or escape the middle-income trap. While the policies in service of this goal are not particularly controversial, the authors find that elite privilege has blocked their implementation, putting the future of key developing economies at risk.

Author: Hartmut Elsenhans, Salvatore Babones
Publisher: Stanford Briefs
Published: 09/12/2017
Pages: 128
Binding Type: Paperback
Weight: 0.30lbs
Size: 7.80h x 4.90w x 0.50d
ISBN: 9780804799898

Review Citation(s):
Choice 04/01/2018

About the Author
Hartmut Elsenhans is Professor Emeritus of International Relations at Leipzig University. Salvatore Babones is Associate Professor of Sociology at the University of Sydney.