Do Middle Classes Bring Institutional Reforms? / Norman Loayza

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: Washington, D.C : The World Bank, 2012Description: Online-Ressource (15 p)Additional physical formats: Loayza, Norman: Do Middle Classes Bring Institutional Reforms? DOI: DOI: 10.1596/1813-9450-6015Online resources: Summary: The paper examines the link between poverty, the middle class and institutional outcomes using a new cross-country panel dataset on the distribution of income and expenditure. It uses an econometric methodology to gauge whether a larger middle class has a causal effect on policy and institutional outcomes in three areas: social policy in health and education, market-oriented economic structure and quality of governance. The analysis find that when the middle class becomes larger (measured as the proportion of people earning more than USPPN: PPN: 834973944Package identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBL
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