Throughout history, there are countless examples of middle class='bold'>class='bold'>class='bold'>class='bold'>income countries becoming stuck in that class='bold'>class='bold'>category for decades and or eventually falling back to low class='bold'>class='bold'>class='bold'>class='bold'>income status.

Greece, Argentina, and the Middle class='bold'>class='bold'>class='bold'>class='bold'>Income Trap

This is particularly important with regard to the key group of lower middle class='bold'>class='bold'>class='bold'>class='bold'>income and middle class='bold'>class='bold'>class='bold'>class='bold'>income countries.

With a per capita class='bold'>class='bold'>class='bold'>class='bold'>income of around 4000 (more with purchasing power adjustments), important parts of China s economy are already, or are now entering, middle class='bold'>class='bold'>class='bold'>class='bold'>income status.

This was necessitated primarily by the movement of six countries from the low class='bold'>class='bold'>class='bold'>class='bold'>income to the middle class='bold'>class='bold'>class='bold'>class='bold'>income class='bold'>class='bold'>category Armenia, China, Djibouti, Honduras, Sri Lanka and Ukraine.

This places them in a group of people without any earnings, i.e., the socially dependent.

Mr. Hackett (Barbados) said that many developing countries, particularly in the middle class='bold'>class='bold'>class='bold'>class='bold'>income class='bold'>class='bold'>category, were small economies caught between servicing their debts and financing their development.

By World Bank class='bold'>classification, 34 government donors were high class='bold'>class='bold'>class='bold'>class='bold'>income countries, 19 were upper middle class='bold'>class='bold'>class='bold'>class='bold'>income, 26 were lower middle class='bold'>class='bold'>class='bold'>class='bold'>income and 19 were low class='bold'>class='bold'>class='bold'>class='bold'>income countries.

Nineteen were high class='bold'>class='bold'>class='bold'>class='bold'>income, 21 were middle class='bold'>class='bold'>class='bold'>class='bold'>income and 10 were low class='bold'>class='bold'>class='bold'>class='bold'>income countries.

The middle class='bold'>class='bold'>class='bold'>class='bold'>income countries should receive substantial debt relief.

It had launched a plan for financing low class='bold'>class='bold'>class='bold'>class='bold'>income and middle class='bold'>class='bold'>class='bold'>class='bold'>income class='bold'>class='bold'>housing to encourage the construction of private class='bold'>class='bold'>housing.

BEIJING China s per capita class='bold'>class='bold'>class='bold'>class='bold'>income, at 3,800, has now surpassed the threshold for a middle class='bold'>class='bold'>class='bold'>class='bold'>income country.

This means that there is increasing disparity between class='bold'>class='bold'>average (mean) class='bold'>class='bold'>class='bold'>class='bold'>income and the median class='bold'>class='bold'>class='bold'>class='bold'>income (that of the typical person, whose class='bold'>class='bold'>class='bold'>class='bold'>income lies in the middle of the distribution of all class='bold'>class='bold'>class='bold'>class='bold'>incomes).

Is it meaningful to say that class='bold'>class='bold'>average class='bold'>class='bold'>class='bold'>class='bold'>income in Redmond had doubled in the decade, when class='bold'>class='bold'>class='bold'>class='bold'>income was unchanged for everyone else? The median, unchanged over the decade, would better describe the suburb s class='bold'>class='bold'>average class='bold'>class='bold'>class='bold'>class='bold'>income.

Even more important has been the growing gap between class='bold'>class='bold'>average (mean) and median class='bold'>class='bold'>class='bold'>class='bold'>income that is, the proportion of the population living on half or less of the class='bold'>class='bold'>average class='bold'>class='bold'>class='bold'>class='bold'>income in the US and Britain has been growing.

Don't get confused of the progress of the emerging economies and the great capacity of people in the middle class='bold'>class='bold'>class='bold'>class='bold'>income countries and in peaceful low class='bold'>class='bold'>class='bold'>class='bold'>income countries.

But this middle class='bold'>class='bold'>class='bold'>class='bold'>income transition is sometimes deemed a trap.

Expanding trade boosts class='bold'>class='bold'>class='bold'>class='bold'>income, on class='bold'>class='bold'>average, in all the countries involved.

Net monthly class='bold'>class='bold'>class='bold'>class='bold'>income in September 2011 class='bold'>class='bold'>averaged 5,397 kuna ( 729 euro).

class='bold'>class='bold'>Medium assurance suggests it can protect less valuable information, such as class='bold'>class='bold'>class='bold'>class='bold'>income tax information.

On class='bold'>class='bold'>average, a family spends about 10 of the monthly households class='bold'>class='bold'>class='bold'>class='bold'>income per person infected.

El Salvador wishes to draw the attention of the international community to the class='bold'>class='bold'>category of low and class='bold'>class='bold'>medium class='bold'>class='bold'>class='bold'>class='bold'>income countries, to which we belong.

This leads to the second challenge the dire financial straits of middle class='bold'>class='bold'>class='bold'>class='bold'>income households.

At least a quarter of the world's population lived in lower middle class='bold'>class='bold'>class='bold'>class='bold'>income countries.

A related issue is burden sharing among high and upper middle class='bold'>class='bold'>class='bold'>class='bold'>income countries contributions remain inequitable.

No other country that became upper middle class='bold'>class='bold'>class='bold'>class='bold'>income after 1950, and then made the transition, took nearly as long. In fact, the class='bold'>class='bold'>average length of that transition was 14 years, with economies such as South Korea, Taiwan, and Hong Kong taking as little as seven years.

In 2008, India s female labor force participation rate class='bold'>class='bold'>averaged 35 , while low class='bold'>class='bold'>class='bold'>class='bold'>income countries class='bold'>class='bold'>averaged 58 .

Indeed, as developing countries move toward middle class='bold'>class='bold'>class='bold'>class='bold'>income status, financial inclusion is a key component of continued progress.

Economy Agriculture, dominated by banana production, is the most important sector of this lower middle class='bold'>class='bold'>class='bold'>class='bold'>income economy.

Urban per capita class='bold'>class='bold'>class='bold'>class='bold'>income is more than triple the class='bold'>class='bold'>average in rural areas.

Meanwhile, more than 150 countries have been trapped in low or middle class='bold'>class='bold'>class='bold'>class='bold'>income status.

Lower middle class='bold'>class='bold'>class='bold'>class='bold'>income GNI per capita between 736 and 2,935.

The point is that developed countries still dominate the class='bold'>class='bold'>class='bold'>class='bold'>income bracket that can afford luxury goods.

She would like information on the childcare coverage in rural areas, where Travellers and other low class='bold'>class='bold'>class='bold'>class='bold'>income parents lived.

A total of 93 Governments (35 high class='bold'>class='bold'>class='bold'>class='bold'>income, 41 middle class='bold'>class='bold'>class='bold'>class='bold'>income and 17 low class='bold'>class='bold'>class='bold'>class='bold'>income countries) contributed to regular resources.

Thus, even if the absolute class='bold'>class='bold'>class='bold'>class='bold'>income gap between an class='bold'>class='bold'>average American and an class='bold'>class='bold'>average African increases, why worry? After all, such people argue, the class='bold'>class='bold'>average African would be a bit less poor.

Some leading regions in India are now the envy of other middle class='bold'>class='bold'>class='bold'>class='bold'>income countries.

All low and class='bold'>class='bold'>medium class='bold'>class='bold'>class='bold'>class='bold'>income workers can benefit, regardless of their assets or whether they have children.

The deployment of human capital has become an important factor in explaining why some countries remain stuck in a middle class='bold'>class='bold'>class='bold'>class='bold'>income trap and why others cannot break out of low class='bold'>class='bold'>class='bold'>class='bold'>income status.

National saving in the Nordic countries class='bold'>class='bold'>averages more than 20 of national class='bold'>class='bold'>class='bold'>class='bold'>income, compared to around 10 in the US.

Major reforms are necessary to help middle class='bold'>class='bold'>class='bold'>class='bold'>income families escape crushing monthly payments for class='bold'>class='bold'>housing and education.

Prominent academics warn that China could fall victim to the dreaded middle class='bold'>class='bold'>class='bold'>class='bold'>income trap, which has derailed many a developing nation.

For example, after more than 30 years of rapid growth, China is entering a middle class='bold'>class='bold'>class='bold'>class='bold'>income transition.

In low class='bold'>class='bold'>class='bold'>class='bold'>income countries, half of all health care spending (about 2.5 of GDP) is out of pocket (compared to 2 in middle class='bold'>class='bold'>class='bold'>class='bold'>income countries).

Middle class='bold'>class='bold'>class='bold'>class='bold'>income families also insist on buying homes, despite the highest multiple of home price to class='bold'>class='bold'>class='bold'>class='bold'>income among advanced economies and a class='bold'>class='bold'>housing finance system that imposes high borrowing costs.