• Wed. May 13th, 2026

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Middle income trap

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  • World Bank Urges Thailand to Redefine Strategy to Break Free from Middle-Income Trap

World Bank Urges Thailand to Redefine Strategy to Break Free from Middle-Income Trap

The World Bank urges Thailand to overhaul its economic strategy to overcome the “middle-income trap” and reach high-income status by 2037. The report highlights that current growth of around 2%…