Growth in Low-Income Countries : Evolution, Prospects, and Policies (English)

There are currently 31 countries classified as low income, less than half the number in 2001. Rapid growth in low-income countries from 2001 to 2018 allowed many to progress to middle-income status, supported by the commodity price boom of 2001-11, debt relief under the Heavily Indebted Poor Country Initiative and Multilateral Debt Relief Initiative, increased investment in human and physical capital, improved economic policy frameworks, and recoveries...

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Author

Steinbach,Rudi;
Document Date
2019/07/30
Document Type
Policy Research Working Paper
Report Number
WPS8949
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2019/07/30
Disclosure Status
Disclosed
Doc Name
Growth in Low-Income Countries : Evolution, Prospects, and Policies
Keywords
per capita income

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Citation

Steinbach,Rudi.

Growth in Low-Income Countries : Evolution, Prospects, and Policies (English). Policy Research working paper|no. WPS 8949 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/578111564491745775

Growth in Low-Income Countries : Evolution, Prospects, and Policies (English)

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