About Us Brief description of our work, including our vision, mission, values and impact. (PDF)
Program Overview A brief overview of the major program areas of The Asia Foundation. (PDF)
Australian Government, The Asia Foundation Restock Tacloban School Libraries In partnership with PACAP, Books for Asia donated 8,702 books to 11 elementary schools in Tacloban City.
July 23, 2014
You can also browse all our publications.
Middle-Income Trap: Economic Myth, Political Reality
Case studies from Malaysia and Thailand. By Vijayakumari Kanapathy, Herizal Hazri, Pasuk Phongpaichit, and Pornthep Benyaapikul. Coordinated by Adam Burke. While Asia continues to set pace as the world's fastest growing region, some Asian middle-income countries (MICs) are showing signs of economic slowdown and face stiff competition from lower-cost economies. The implications that could result from this economic growth slowdown in MICs are of serious concern to economists and political decision-makers. The threat of the "middle-income trap" (MIT) looms over Asian MICs such as Thailand and Malaysia, the two countries profiled in this research initiative.
(Part of the Foundation's Poverty and Income Inequality collection)