The Political Economy of the Middle Income Trap: The Challenges of Advancing Innovation Capabilities in Latin America, Asia and Beyond
本专题文章从政治经济学视角分析中等收入陷阱，强调国内生产能力、国际与国内因素互动以及政府与私营部门关系对提升创新和生产率增长的关键作用。
Building on the middle-income trap literature where contexts of time and location matter, the articles in this special section adopt a ‘political economy of development’ approach to the problem of the middle-income trap. The papers employ different analytical approaches and have different entry points into unpacking the complex economic, social, and technical processes that advance productive capabilities. But they share a common set of assumptions undergirding a political economy approach and come to a common understanding that advances the middle-income trap discussion: (1) the development of domestic productive capabilities is critical for upgrading and developing broad-based innovation that may translate into higher productivity growth; (2) the interaction of international with domestic factors changes over time and may exacerbate domestic innovation challenges; and (3) the nature of the inter-workings between the government and actors in the private sector is crucial for understanding the advancement of innovation capabilities or lack thereof. All the papers point to the importance of a systemic and long-term approach to building productive capabilities and the need for strong state action to advance these capabilities.