HÀ NỘI — The Japan Centre for Economic Research (JCER) has predicted that Việt Nam will become an upper-middle-income country in 2023, and its GDP will surpass that of China’s Taiwan in 2035. Upper-middle income countries had lower average rural–urban gaps than low-income or lower-middle income countries . Browse an up-to-date list of low- and middle-income countries. The WB assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high-income countries, based on their GNI per capita in current USD. Topics: Interview. The paper uses panel data of aid and GDP (economic growth) with control variables from 1990 to 2015 to investigate … There are approximately 5 billion people live within MICs. The report focuses mainly on IEG evaluations produced in 2007-16, including relevant thematic, corporate, and country evaluations, along with select project evaluations. The “Africa Rising” narrative has been hinged on the continent’s middle class—but the methods used to defined the size of that population has been inconsistent to say the least.. In our previous post, we explored upper-middle income countries in East Asia and Southeast Asia to see how the poverty landscape looks with higher poverty thresholds. The meeting brought together 17 low, middle and upper middle income countries in the African Region. Our paper studies 53 African economies by segregating them into 27 Africa low-income economies (ALICs), 18 Africa lower-middle-income economies (ALMICs) and 8 Africa upper-middle-income (AUMICs) economies according to United Nations (UN) income threshold categorization. The report maintains the growth in the middle class is good news for the future prosperity of Africa, but also points out the continued high levels of income inequality on the continent. It should be reflecting the average before tax income of a country's citizens. The continent has a extremely rich elite: ‘About 100,000 Africans had a net worth of USD800 billion in 2008, or about 60% of Africa’s GDP or 80% of sub-Saharan Africa’s’. Aggregate-level disparity by residential area* and 95% CIs of the four indicators. High levels of poverty in Timor-Leste and Papua New Guinea. WINDHOEK - Upper middle-income countries in Southern Africa, including Namibia, are among the most unequal societies in the world. Methodology. The rest, like Argentina and South Africa, become stuck in the ‘middle-income trap’. The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income. The boundary between lower and upper middle-income countries currently lies at $3,955. This report synthesizes existing evaluative evidence on the outcomes and lessons learned from the World Bank Group’s partnership with upper-middle income countries. By the time a country is a high-income economy—a per capita gross national income of more than $12,500—this ratio is about half. Upper-middle income status categorizes countries with a GNI per capita of $4,046 to $12,535, while lower-middle income status categorizes countries with … Immunization partners and other WHO Regions also participated in the consultation to share experiences and explore ways of increasing access to affordable vaccines in MICs in the African Region. Kagame’s new fantasy is transforming Rwanda into upper-middle-income of US$4,035 per capita by 2035 and high income of US$12,476 per capita by 2050. As countries in Eastern Europe transition from state-controlled to market economies, the share of their populations that is middle income or upper-middle income has expanded. Eriksson, Malin . The Bank Group’s MTS emphasizes deeper engagement with middle-income countries (MICs), by positioning the institution as their preferred development partner. The upper middle-income countries (e.g. View this table: View inline; View popup; Table 3. Social capital and self-rated health in older population in lower- and upper- middle income countries in Africa and Asia. This time, we look at lower-middle income countries. There is one problem. Methods: Data from the Africa Middle East Cardiovascular Epidemiological (ACE) study were used; a cross-sectional study in 14 AfME countries (94 clinics) from July 2011-April 2012, which evaluated CVDRF prevalence in stable adult outpatients. Yet only a few – most notably South Korea, Taiwan and Israel – have managed to continue right up to high-income status. The World Bank's classification of Namibia as an upper middle-income country places the country at a disadvantage, president Hage Geingob has said. In this respect, the Bank has developed effective linkages between public/private operations, as well as competitive lending products, backed by high-value knowledge and advisory services. Knowing a country's GNI per capita is a good first step toward understanding the country's economic strengths and needs, as well as the general standard of living enjoyed by the average citizen. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. 7 1 Introduction 1 In 2019–2020, countries that are formally classified as middle-income have a per capita gross national income of between $1,026 and $12,375. I have no doubt that by the year 2040 most African countries will be middle income and we will have the largest work force of any continent, and the youngest. Umeå University, Faculty of Medicine, Department of Public Health and Clinical Medicine, Epidemiology and Global Health. Ng, Nawi . 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