Abstract
This paper argues that the distribution of global poverty has changed and that most of the world’s poor no longer live in countries officially classified as low-income countries (LICs). It is estimated that the majority of the world’s poor, or up to a billion people, live in middle-income countries (MICs). This pattern is largely as a result of the recent graduation into the MIC category of a number of populous countries. The paper discusses the trends in the distribution of global poverty, and opens a wider discussion on the potential implications for aid and development cooperation.
Original language | English |
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Article number | n/a |
Pages (from-to) | 865-877 |
Number of pages | 13 |
Journal | WORLD DEVELOPMENT |
Volume | 40 |
Issue number | 5 |
DOIs | |
Publication status | Published - May 2012 |