EHELF-2016

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Browsing EHELF-2016 by Author "Tray, Dennis"

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    THE INSTITUTIONAL MIDDLE-INCOME TRAP
    (2016) Tray, Dennis
    Most students of international development are familiar with the term “middleincome trap,” which refers to the penchant for countries to reach middle-income status and then stagnate1. In this short note I am proposing a similar and related phenomenon: the “institutional middle-income trap” or “institutional reform trap” whereby institutional development in middle-income developing countries starts out well but then stagnates, or does not reach its goal – which is usually to develop a world class institution. Universities are a particular example of this phenomenon. These observations are based on extensive institution building experience in 10 developing countries, more than half of which are classified as middle-income. They are also initial thoughts on which I plan to build in the future