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Some observers have questioned the rationale for continued engagement by international development institutions in middle-income countries. But these countries face development challenges calling for continued partnership with the international development community. Moreover, partnership with...
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This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development, foreign aid should not orient developing countries towards industrialisation in the perspective of Kuznets but in the view of Piketty. Abandoning the former's view that inequality...
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, prepared jointly by the staff of the World Bank and the International Monetary Fund, provides a development perspective on the …
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The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … first is that the thresholds used to classify countries by the World Bank and extensively used by aid agencies, albeit with …
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