increasing volatility or by amplifying the adverse effect of external shocks. "--World Bank web site …

This annual conference is a global gathering of the world's leading scholars and practitioners. Among the attendees are …

"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line … poor by US standards. Although barely 80 million people in the developing world entered the Western middle class over 1990 …-2002, economic growth and distributional shifts allowed an extra 1.2 billion people to join the developing world's middle class. Four …

prosperity increases, before more sophisticated savings products and borrowing. "--World Bank web site …