Not exact matches
And now there are concerns that growth will decelerate into stagnation and China will fall into a
middle -
income trap, with weak manufacturing, exports and construction.
The recent decline in China's GDP to below 7 percent from an average of 10 percent from 1980 to 2010 has some worried that the country is on the verge of hitting the
middle -
income trap, and a dangerous downward growth streak is ahead.
Vietnam's has recently jumped from low to lower -
middle income, and policy makers are now facing questions about avoiding the «
middle -
income trap» and generating economic growth without increased exploitation of natural resources and cheap labour that would result in deteriorating environmental and social standards.
Tags: precariat, basic
income, Guy Standing, Social Democracy, Policy Network, precarity
trap, centre - left, populism, class fragmentation, squeezed
middle
Lower - and
middle -
income families, however, are too often
trapped with one option: a school in need of improvement assigned to them based on their home addresses.
Thanks to the second
income contributed by a working spouse, households are buying larger, more expensive homes, putting themselves in a precarious financial position should one of the earners become unemployed, according to «The Two - Income Trap: Why Middle Class Fathers and Mothers are Going Broke» (Basic Books), by Harvard Law School Professor Elizabeth W
income contributed by a working spouse, households are buying larger, more expensive homes, putting themselves in a precarious financial position should one of the earners become unemployed, according to «The Two -
Income Trap: Why Middle Class Fathers and Mothers are Going Broke» (Basic Books), by Harvard Law School Professor Elizabeth W
Income Trap: Why
Middle Class Fathers and Mothers are Going Broke» (Basic Books), by Harvard Law School Professor Elizabeth Warren.