"Hayk's Arrow" Armenian Strategic Center
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The Middle-Income Trap — World Bank. «Հայկի նետ» Հայկական ռազմավարական կենտրոն

Armenian ebook

The Middle-Income Trap

World Development Report 2024

World Bank

The nine chapters of this 2024 World Bank report distinguish the roles of investment, technology infusion and innovation in the transition from middle to high income. The book examines creative destruction, firm entry and exit, talent development and social mobility, alongside the low-carbon transition. Its analysis of institutions and economic structures shows how growth opportunities and policy choices depend on a country’s stage of development.

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Inside the book
  • Investment, technology infusion and innovation as three distinct roles
  • Creative destruction, competition and firm development
  • Talent development and social mobility
  • The low-carbon transition and the role of institutions
Edition and sources

Armenian translation by Giorgi Tumasyan for Hayk’s Arrow Armenian Strategic Center.

Language
Armenian
Format
PDF · EPUB
Original edition
World Bank, 2024
Pages
647
Chapters
9

Published in 2024, this report presents a framework grounded in the evidence and institutional conditions of its time. The Armenian edition preserves that context and the original’s qualifications. It is neither a universal formula for success nor a development strategy for Armenia. This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation.