Moreover, the middle income status of many small island developing States camouflages the extent of their vulnerability.

In that context, the efforts of countries that have reached middle income status should be recognized and acknowledged.

LOW MIDDLE INCOME COUNTRIES

UPPER MIDDLE INCOME COUNTRIES

Middle income developing countries4

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

The fact is that only structural transformation can lift a middle income developing country to high income developed status. Fortunately, China s leaders recognize this, and are committed to achieving it.

This is particularly important with regard to the key group of lower middle income and middle income countries.

Nineteen were high income, 21 were middle income and 10 were low income countries.

Greece, Argentina, and the Middle Income Trap

However, other low income and middle income developing countries also needed special attention.

By these criteria, Argentina became an upper middle income country all the way back in 1970, and then spent 40 years stuck in that category before reaching high income status in 2010. Greece joined the international upper middle class in 1972, and then took 28 years to reach the top income group, in 2000.

The midterm recalculation has also moved Bolivia moving from the middle income to the low income category Venezuela from the net contributor country (NCC) category to the middle income category and Croatia, Poland and the Slovak Republic from the middle income to the NCC category.

low and middle income countries (USD Billions) 13

B. Debt workouts for middle income countries Tables

Low and middle income families will benefit from a notable increase in disposable income.

Middle income countries can and should increase national investments.

The middle income countries should receive substantial debt relief.

The programme targets low and lower middle income households.

The others evolved into multi party democracies during the middle income transition. China, too, has now reached this critical last leg of the long march to advanced country status in terms of economic structure and income levels.

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

A per capita income of more than 7,000 places us squarely among upper middle income countries.

The World Bank country groups by income have been used for this classification the developed group comprises the high income economies the developing group comprises the low , lower middle and upper middle income economies.

Lower middle income GNI per capita between 736 and 2,935.

Upper middle income GNI per capita between 2,936 and 9,075.

Four person household of workers in the middle income brackets

Recent debt strategies in the cases of middle income countries

And these lower or middle income countries, the emerging income countries, they will also forge forwards economically.

Revised status of 2005 estimated income from voluntary sources

Current status of 2005 estimated income from voluntary sources

Current status of 1998 estimated income from voluntary sources

Current status of 1999 estimated income from voluntary sources

As the situation of children continues to improve, and as Thailand moves further into middle income status, the country will eventually lose its eligibility for regular resource allocations from UNICEF.

The middle income countries, the emerging economy, they are catching up.

Table 2. Net private capital flows to low and middle income

1. Current status of 1998 estimated income from voluntary sources

2. Current status of 1999 estimated income from voluntary sources

To go from middle income to high income status, countries have to redeploy resources to high productivity, knowledge and skill intensive sectors. That is a transition that Greece and Argentina, with their financial instability, poor infrastructure, and weak education systems, have never made.

(i) Direct construction of houses flats for sale construction of flats houses for sale at reasonable prices to lower middle income and middle income families in urban and semi urban areas

More alarmingly, such deaths in low income and middle income countries account for about 85 per cent of the total.

It had launched a plan for financing low income and middle income housing to encourage the construction of private housing.

In 1990, the World Bank estimated our per capita income at 1,200, ranking Namibia as a low middle income country.

But the growth strategies that lift a poor country to middle income levels cannot be counted upon to propel it to high income status. Indeed, there is no shortage of countries whose leaders have failed to recognize their strategies constraints and provide enough incentives to encourage the emergence of a new one, causing their economies to stagnate and leaving them stuck in the so called middle income trap.

We have to respect the middle income countries on what they are doing.

In particular, middle income country compliance remains at a less than desirable level.