Global Income Distribution and the Middle-Income Strata: Implications for the World Development Taxonomy Debate
The European Journal of Development Research, 2017, vol. 29, issue 1, 1-18
Abstract At the heart of the debate about the middle-income strata has been the question: How accurate are traditional measures of the knowledge of middle-income segments and their distribution between and within countries? The article analyses the recent shifts in the World Bank’s Country Income Classification, which rests on income thresholds. It also explores the implications of those changes for the way the emergence of the middle strata is conceived at international, regional and national levels. To that end, a particular emphasis is given to the Latin American region. The aim is to raise awareness on widespread shortcomings and drawbacks regarding the composition of the world development taxonomy and the conventional notion of the middle-income strata.
Keywords: income distribution; inequality; economic development; Latin America; middle strata (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1057/ejdr.2015.61 Abstract (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:eurjdr:v:29:y:2017:i:1:d:10.1057_ejdr.2015.61
Ordering information: This journal article can be ordered from
Access Statistics for this article
The European Journal of Development Research is currently edited by Spencer Henson and Natalia Lorenzoni
More articles in The European Journal of Development Research from Palgrave Macmillan, European Association of Development Research and Training Institutes (EADI) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().