CEAMeS Discussion Paper 15 now online

“The Middle-Income Trap 2.0: The Increasing Role of Human Capital in the Age of Automation and Implications for Developing Asia” is the title of the latest paper published by Prof. Dr. Helmut Wagner and Linda Glawe. In this paper, they modify the concept of the middle-income trap against the background of the Fourth Industrial Revolution and future challenges of automation. You can find the whole text here.