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Exclusive interview: Emerging economies face "middle income trap"

CCTV.com

04-08-2014 12:52 BJT

Full coverage: Boao Forum for Asia Annual Conference 2014

Full coverage: People Gallary

At the sideline of the Boao forum, CCTV reporter Guan Xin sat down with Edmund Phelps, winner of the Nobel Price in Economics in 2006. He shared with us the new challenges that emerging economies are facing and a way out of the "middle income trap".

CCTV reporter Guan Xin

CCTV reporter Guan Xin

Edmund Phelps, winner of the Nobel Price in Economics in 2006

Edmund Phelps, winner of the Nobel Price in Economics in 2006

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