Eight things you should know about middle-income transitions

Eight things you should know about middle-income transitions is a special report of the European Bank for Reconstruction and Development (EBRD), generously supported by South Korea. Building on recent analytical work on the policies needed to sustain long-term economic growth, boost innovation and promote equality of opportunity, the report distils eight key facts about transitions from low-income to middle-income to high-income status (middle-income transitions). The analysis emphasises aspects of these transitions that have been changing over time as opposed to those that remain broadly unchanged.