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The ( Indispensable ) Middle Class in Developing Countries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Birdsall, Nancy |
| Copyright Year | 2010 |
| Abstract | Growth that is shared, broad-based, inclusive—there are various terms—is now widely embraced as the central economic goal for developing countries. A key contribution of the Commission on Growth and Development, chaired by Michael Spence, was its emphasis on shared growth. But the concept of shared or inclusive growth is not well defi ned in the development economics literature. Since the early 1990s (and probably best marked by the infl uential 1990 World Development Report of the World Bank), the focus has been primarily on pro-poor growth, with the “poor” defi ned as people living on less than $1 a day, or in some regions $2 a day. The idea of pro-poor growth emerged in the early 1990s as a counterpoint to a singular concern with growth alone, measured in increases in per |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://siteresources.worldbank.org/EXTPREMNET/Resources/489960-1338997241035/Growth_Commission_Equity_Growth_Ch7_Indespensable_Middle_Class_Developing_Countries.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |