Kanbur, Ravi; Sumner, Andy - Charles H. Dyson School of Applied Economics and … - 2011
Two decades ago, 93% of the world’s poor lived in countries officially classified as Low Income (LICs). Now, 72% of the world’s poor live in Middle Income Countries (MICs). The dramatic shift has been brought about by fast growth in a number of countries with large populations. On present...