... China; Japan; the Republic of Korea; Singapore; and Taipei,China) avoided the upper middle-income trap Tracking the Middle-Income Trap: What is It, Who is in It, and Why? | 21 IV Who is in the ... the upper middle-income if their income per capita continues stagnating or contracting Tracking the Middle-Income Trap: What is It, Who is in It, and Why? | 23 Table shows the countries in the ... soon Indonesia and Pakistan are at the risk of falling into it in the coming years The People’s Republic China and India are not in the trap About the Asian Development Bank ADB s vision is an...