The call for inclusive growth has been unanimously broadcasted by policy makers across the world. The Arab spring, the growing divide between Main Street and Wall Street in advanced economies, and the three-speed world economy have placed inclusive growth at the forefront of policy debates....

Malaysias structural transformation from low to middle income has made it one of the most prominent manufacturing exporters in the world. However, in the competitive global economy, like many other middle-income economies, it is sandwiched between low-wage economies on one side and more...

The geography of poverty has changed. More than 70 percent of the world s poor live not in low-income countries, but in middle-income countries. In 2008, nearly 570 million people lived on less than US$1.25 a day in South Asia, compared to 385 million in sub-Saharan Africa. In addition, nearly...