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The GEMINI Model

In: Emerging Markets in a World of Chaos

Author

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  • Ali Zafar

Abstract

This book relies on a new analytical framework for understanding and measuring economic development. The approach is based on a composite indicator that merges six elements of the development performance of a country: growth and macroeconomic policy; equity, human capital, gender, and demography; money and finance; institutions, governance, and state capacity; national competitiveness, global integration, and productivity; infrastructure and sustainable energy. The framework provides a useful analytical tool to advise countries to try to escape the middle-income trap, referring to difficulties that emerging markets face in competing with either poorer low-wage economies or high-skilled advanced economies.

Suggested Citation

  • Ali Zafar, 2023. "The GEMINI Model," Springer Books, in: Emerging Markets in a World of Chaos, chapter 0, pages 13-22, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-29949-0_2
    DOI: 10.1007/978-3-031-29949-0_2
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