Kanbur, Ravi; Sumner, Andy - C.E.P.R. Discussion Papers - 2011
Two decades ago, 93% of the world’s poor lived in countries officially classified as Low Income (LICs). Now, 72% of the … world’s poor live in Middle Income Countries (MICs). The dramatic shift has been brought about by fast growth in a number of … global poor for many years to come. This “new geography of global poverty”—with the mass of the poor living in stable, non …
