This article considers index-based safety nets aimed at assuring participants a minimum income at the village level, set by a prespecified poverty line. The participating villages collectively manage a pooled budget, offering an index-based per capita indemnity to the villages financed from a...

Our hypothesis is that Nigeria is going through a process of economic polarization. An analysis of this type is new for Nigeria; the limited availability of comparable data has hindered an investigation that requires data series not too close in time. The

The economic debate on existence and definition of the middle class has become particularly lively in many developing countries. Despite this growing interest, the identification of the middle class group in these countries remains quite challenging. Building on a recently developed framework to...