Thailand has been cited as the economy by the World Bank. From countries with low-middle is upper-middle-income countries income.
the middle-income trap refers to the phenomenon of ever raise revenue from a poor country to a middle-income countries but since then economic growth can not be slowed down as a nation. Income was like being stuck in the trap can not be a developed country .
The Thailand duped income due to manufacturing that relies on cheap labor, the lack of innovation and rely on imports access foreign technology development major inefficiencies.
If the growth rate of labor productivity increased in 15 years to Thailand escape the middle-income trap.