Last Updated:2025/12/05
(economics) The situation where a country that attains a certain income gets stuck at that level, being unable to compete with other more developed economies in the high-value-added market.
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middle income trap
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Source Word
middle income trap
Noun
Japanese Meaning
中所得の罠:ある国が一定の所得水準を達成した後、そのレベルから抜け出せず、高付加価値市場で他の先進国と競争できずに経済発展が停滞する現象。
( plural )