Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/146230
Authors: 
Sumner, Andrew
Year of Publication: 
2016
Series/Report no.: 
WIDER Working Paper 2016/34
Abstract: 
This paper discusses the emergence of two new middles since the Cold War, namely middle-income countries and people living above absolute poverty but below a security-from poverty-line. The paper sets out what has happened. It is argued that although there has been substantial economic growth, only a relatively small group of the new middle-income countries have achieved structural transformation, and a large proportion of the 'middle' people sit precariously just above the new global poverty line. The patterns of growth, precarity, and structural change underlying the emergence of the world's two middles are discussed.
Subjects: 
growth
inequality
middle-income countries
poverty
ISBN: 
978-92-9256-077-5
Document Type: 
Working Paper

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