Columns
Home » Columns » The Economic AnalysisMiddle-income trap or debt trap?
![Middle-income trap or debt trap? Middle-income trap or debt trap?](http://www.sundaytimes.lk/130609/uploads/160_106_Econ-Cartoon1.jpg)
Is the Sri Lankan economy caught in a “Middle Income Trap”? Some economists have put forward the hypothesis that when a country achieves middle income level there are inherent reasons that trap the economy from further growth. It provides an “explanation” for slow economic growth after a spell of rapid growth. Is Sri Lanka’s economic [...]