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flag 100+ countries, including India and China, risk getting stuck in the "middle-income trap" and not progressing to wealthy nations, warns the World Bank.

flag The World Bank warns that over 100 countries, including India and China, risk getting stuck in the "middle-income trap" and not progressing to wealthy nations, according to a new report. flag Only 34 middle-income countries have successfully transitioned to high-income status since 1990, and the report outlines a three-stage roadmap to avoid stalling progress, including investing, infusing, and innovating. flag The report highlights the challenges of traditional growth environments becoming less viable and climate change disproportionately affecting poor countries. flag The "3i strategy" involves initial investment policies, transitioning to investment and infusion of new technologies, and ultimately, implementing a balanced strategy of investment, infusion, and innovation.

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