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What next after we attain middle-income status?

Vision 2030 seeks to turn Kenya into a middle-income country. What will happen after we attain this goal? This is an important question. You see, there is something called the middle-income trap. It is when economies are trapped in a state of low-wage production for export, but lacking in the high skills needed for continued innovation and enhancement of productivity.

Economists have noted that it is especially difficult to break free of the middle-income trap due to the tendency of middle-income economies to over-rely on successful sectors, or to keep chasing the next big success without adequately cementing their dominance in a given sector.

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Vision 2030