Author:Andy Sumner
Subject: Poverty and Inequality
" /> Abstract: In 1990, 93 per cent of the world’s poor people lived in poor countries—that is, low-income countries (LICs). For 2007–2008, our estimates suggest three things. First, three-quarters of the world’s poor, or almost 1 billion poor people, now live in middle-income countries (MICs). Second, just a quarter of the world’s poor live in 39 LICs. Third, in contrast to earlier estimates that a third of the poor live in fragile states, our estimate is about 23 per cent if one takes the broadest definition of fragile and conflict-affected states (FCAS) by combining FCAS lists (43 countries); these countries are split fairly evenly between fragile LICs and fragile MICs.(…)

keywords: Global Poverty and the New Bottom Billion: Three-Quarters of the World’s Poor Live in Middle-Income Countries
Date Publication: 11/19/2010 (All day)
Type/Issue: One Pager / 120
Language: English