Most of the poor live now in middle income countries
A new IDS report says that 72% of the world’s poorest 1 billion people live in (so-called) middle income countries … a huge change from 20 years ago when > 90% of the world’s poor lived in low-income countries. Low-income countries are defined by the World Bank’s definition of < $995 per person GDP (which… Continue reading Most of the poor live now in middle income countries
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