Global Poverty, Aid, and Middle-Income Countries: Are the Country Classifications Moribund or is Global Poverty in the Process of 'Nationalizing'?

Andy Sumner

No wp-2013-062, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary threshold in per capita income but it does matter to traditional OECD donors because not only are those thresholds used in numerous and various ways, the crossing of that arbitrary line is viewed as cause enough for some donors to at least consider ending aid.

Keywords: Economic assistance and foreign aid; Economic development; Finance infrastructure; Poverty (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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