Islam, Nazrul - In: Frontiers of Economics in China 9 (2014) 3, pp. 398-437
China has departed from the East Asian development model by letting inequality rise to a high level, which is now …. If inequality persists, China may get caught in the ¡°inequality-trap,¡± which may then lead to the middle income trap … (MIT). Fortunately, China still has the levers to pull to reduce inequality and avoid the MIT. Measures along both the …