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Authors Name: Andy Sumner

The Buoyant Billions: How “Middle Class” Are the New Middle Classes in Developing Countries? (And Why Does It Matter?)

Middle-income countries (MICs) are now home to most of the world’s extreme poor—the billion people living on less than $1.25 a day and a further billion people living on between $1.25 and $2. At the s...

On 05 Nov 2012

The New Bottom Billion: What If Most of the World’s Poor Live in Middle-Income Countries?

Most of the world’s poor no longer live in low-income countries. An estimated 960 million poor people—a new bottom billion—live in middle-income countries, a result of the graduation of several populo...

On 21 Mar 2011