
The Global Financial Crisis and Middle-Income Countries
To withstand external shocks and sustain growth, middle-income countries need to get the basics right on manufacturing, currency management, and education.
For 10 years, Gemma has been involved in the publication of the Asian Development Outlook and helped produce its thematic chapters, including structural change, old-age security, inclusive fiscal policy, financial development, and the middle-income challenge. Currently, she is involved in the publication of the Asian Development Review.
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To withstand external shocks and sustain growth, middle-income countries need to get the basics right on manufacturing, currency management, and education.
Total factor productivity growth in middle-income countries depends on innovation, human capital, and infrastructure.
Expanding the role of fiscal policy in fighting poverty and inequality should not come at the expense of fiscal sustainability.
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