Extreme poverty remains one of the most vexing problems of our time. In this intricate study, academics Raj Desai and Homi Kharas tackle the little-understood relationship between the rise of the middle class and the plight of the poor. In Europe, they report, the emergence of the middle class led to the creation of social safety nets for the poor. But in today’s developing world, such a development seems unlikely, Desai and Kharas indicate. getAbstract recommends this report to experts rather than laymen.
In this summary, you will learn
- How “red-white” coalitions improved the plight of the poor,
- Why there are limits to the rising middle class’s effect on helping the poor and
- Why modern-day developing nations differ from Europe of old.
About the Authors
Raj M. Desai is a visiting fellow at the Brookings Institution and associate professor of international development at Georgetown University. Homi Kharas is a senior fellow at the Brookings Institution.