Samstag, 2. April 2011

Booming Kazakhstan fears 'middle income trap' (AFP)

Kazakh Prime Minister Karim Massimov has told AFP he takes seriously World Bank warnings about how most poor nations reaching middle income status get stuck in dangerous complacency that puts a fatal lid on growth.(AFP/File/Minoru Iwasaki)AFP - Kazakhstan is facing an economic dilemma its poorer neighbours might resent: its economy is booming off high energy prices and it now fears falling into a dreaded "middle income trap".


Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http://news.yahoo.com/s/afp/20110402/bs_afp/kazakhstanvoteeconomy

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