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This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011409206
people at the lower end of income distribution will graduate into the middle class category. The increase in poverty rates …
Persistent link: https://www.econbiz.de/10010479967
Often development focus has been on measuring and analyzing poverty in order to reduce poverty. While the poor face … future prospects of being perpetually trapped in poverty, the nonpoor also are vulnerable to poverty. Vulnerability has been … contractions in per capita income on poverty and the entire income distribution amid the coronavirus pandemic. In estimating the …
Persistent link: https://www.econbiz.de/10012265897
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The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040 … as poverty reduction or redistribution. This background paper for the 2024 Philippine Institute for Development Studies …-based definition that delineates the middle-class as households with per capita incomes between 2 to 12 times the official poverty line …
Persistent link: https://www.econbiz.de/10015196400
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This paper evaluates the importance of middle class vulnerability to poverty for subjective well-being (happiness) in … the lower income bound of the middle class (75% of the national median income) and not the poverty line (60% of the median …
Persistent link: https://www.econbiz.de/10014301411
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class …
Persistent link: https://www.econbiz.de/10011388311