"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line of developing countries, but are still poor by US standards. The "Western middle class" is defined as those who are not poor by US standards. Although barely 80 million people...

"Systematic information on household financial asset holdings in developing countries is very sparse. The author reviews some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved...

The Annual Bank Conference on Development Economics (ABCDE) is one of the world's best known series of conferences for the presentation and discussion of new knowledge about development. First held at World Bank headquarters in Washington D.C. in 1988, the ABCDE has become broader in scope as...

This report is the fourteenth in an annual series assessing major development issues. This report synthesizes and interprets the lessons of more than forty years of development experience. Together with last year's report on poverty and next year's on the environment, it seeks to provide a...

Counting the world's poor: problems and possible solutions; by Angus Deaton. Comments on "counting the world's poor"; by Martin Ravallion, and T. N. Srinivasan. Ecology, history, and development : a perspective from rural Southeast Asia; by Yujiro Hayami. Productivity growth and sustainability in...

Global Development Finance is the World Bank's annual review of global financial conditions facing developing countries. The current volume provides analysis of key trends and prospects, including coverage of capital originating from developing countries themselves. Robust global growth and a...