Publication

An estimated 960 million poor people—a new bottom billion—live in middle-income countries (MICs), a result of several populous countries graduating from low-income status. That is good news, argues the author, but it has repercussions. One of these is that donors will have to change their approach to poverty alleviation. Suggestions include: designing development aid to benefit poor people, not just poor countries; continuing to support middle-income countries; thinking beyond traditional aid to craft coherent development policies; and working to help create space for more inclusive policy processes in new and old MICs.