Learning to Grow: A Human Capital-focused Development Strategy, with Lessons from Singapore by Raymond Saner & Lichia Yiu, 5th March 2014

Raymond Saner and Lichia Yiu, (2014) “Learning to Grow: A Human Capital-focused Development Strategy, with Lessons from Singapore”.The authors argue that a key challenge for middle-income countries is to avoid ‘the middle-income trap’. In this situation, economic growth has come to a halt and a country is unable to transition to the next level in part due to inadequacies in high-level human capital. Taking the example of Singapore as a country that has avoided the middle-income trap, the authors call for ‘a much closer alignment of policies for human capital and economic development’ and a ‘human capital focussed development strategy’.(2014). This paper including a response by S. Gopinathan and others is also available at: http://poldev.revues.org/1803; to be cited as: Raymond Saner and Lichia Yiu, “Learning to Grow: A Human Capital-focused Development Strategy, with Lessons from Singapore, in “Policy Debate | Learning to Grow Beyond the Middle-Income Trap - Singapore as an Export Model?” by Raymond Saner, Lichia Yiu and S. Gopinathan, International Development Policy, Graduate Institute, Nr. 1803, University of Geneva