In the pandemic, India’s middle class shrinks and poverty spreads while China sees smaller changes
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
Numbers, Facts and Trends Shaping Your World
The starting point for the analysis is household survey-based estimates of regional income distributions from the World Bank’s PovcalNet database. The global regions are as defined by the World Bank. In this report, “advanced economies” refers to the group of countries listed as “other high income” by the World Bank. These data were used to […]