Building Middle Class Nations

This book presents a practical framework for inclusive economic growth and the reduction of inequality within the developing world. It explores the impact of education, health, housing, and transportation and how investment in them can help build middle class nations. By examining the characteristics of middle class nations, such as political stability, social security, and economic attractiveness, economic and public policies are outlined for economic upgrading of developing countries and the creation of institutions that enable stability and effective governance. This book highlights the economic potential of developing countries and shows how economic transition and transformation is possible. It will be of interest to students, researchers, and policymakers working on development economics and economic policy.