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"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...
Persistent link: https://www.econbiz.de/10011394110
"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...
Persistent link: https://www.econbiz.de/10003791216
Persistent link: https://www.econbiz.de/10003967364
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 barely80 million people in...
Persistent link: https://www.econbiz.de/10012747068
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has recently committed to expanding the middle-income share--moving to a less polarized "olive-shaped" distribution. Recognizing the potential trade-offs, the paper asks whether...
Persistent link: https://www.econbiz.de/10012660061
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...
Persistent link: https://www.econbiz.de/10012551745
In a rare example of a national goal for income distribution besides reducing poverty (for which there is broad consensus), China’s leadership has recently committed to expanding the middle-income share—striving for a less polarized “olive-shaped” distribution. Recognizing the potential...
Persistent link: https://www.econbiz.de/10014083312
In a rare example of a national goal for income distribution besides reducing poverty (for which there is broad consensus), China’s leadership has recently committed to expanding the middle-income share—striving for a less polarized “olive-shaped” distribution. Recognizing the potential...
Persistent link: https://www.econbiz.de/10013297308
Western notions of the 'middle class' are of little obvious relevance to developing countries. Instead, the middle class is identified here as those living above the median poverty line of developing countries, even if still poor by rich-country standards. Over 1990-2005, economic growth and...
Persistent link: https://www.econbiz.de/10012561883