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Planet Money — The giant factory town that might be a giant mistake
Not scored yet26m·2026-05-22·Business

The giant factory town that might be a giant mistake

Planet Money

How does a poor country become a rich country? There's a simple blueprint — or at least, that's what many economists used to believe. But over the years, a lot of rapidly developing economies have stalled out. These countries aren't poor anymore, but they're not rich either. They're stuck in the middle. The World Bank…

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