Does the Rise of Middle Class Lock in Good Government in the Developing World?
Nancy Birdsall
Working Papers from eSocialSciences
Abstract:
The current size of the income-secure middle class and its likely future growth, suggest that optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all of them, and especially not for most of the low-income countries of South Asia and sub-Saharan Africa — even if they continue to grow at the relatively healthy rates they have enjoyed in the last decade and more.
Keywords: South Asia; income-secure; middle class; future growth; middle-income countries; rates; middle class; poverty line; government; economic; household; competitive; consumer (search for similar items in EconPapers)
Date: 2015-12
Note: Institutional Papers
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:7861
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