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The world's two new middles: Growth, precarity, structural change, and the limitations of the special case

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  • Andy Sumner

Abstract

This paper discusses the emergence of two new middles since the Cold War, namely middle-income countries and people living above absolute poverty but below a security-from poverty-line. The paper sets out what has happened. It is argued that although there has been substantial economic growth, only a relatively small group of the new middle-income countries have achieved structural transformation, and a large proportion of the 'middle' people sit precariously just above the new global poverty line.

Suggested Citation

  • Andy Sumner, 2016. "The world's two new middles: Growth, precarity, structural change, and the limitations of the special case," WIDER Working Paper Series wp-2016-34, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2016-34
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    References listed on IDEAS

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