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The Middle-Income Trap in the Perspective of the Austrian Capital Theory

This paper applies the Austrian capital theory to the problem why emerging economies fall into the middle-income trap and how they may escape. The analysis puts entrepreneurial action at the center with a focus on the subjectivist nature of capital and on the role of the entrepreneur as the creator...

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Publicat a:MISES: Interdisciplinary Journal of Philosophy, Law and Economics
Autor principal: Antony P. Mueller
Format: Artigo
Idioma:Inglês
Publicat: Instituto Mises Brasil 2018
Matèries:
Accés en línia:https://www.redalyc.org/articulo.oa?id=586364252009
https://www.redalyc.org/journal/5863/586364252009/
https://www.redalyc.org/journal/5863/586364252009/html/
https://www.redalyc.org/journal/5863/586364252009/586364252009.epub
https://www.redalyc.org/journal/5863/586364252009/movil
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