Mar 27th, 2013
what does it hold? A lot of issues have been raised on the rise of the middle class in Africa and the change that these classes of people can actually cause towards the economic growth and transformation in Africa. Many analysts have raised concerns as to which class of people falls within the so cal...
Jan 14th, 2013
BusinessDay Like the African Development Bank, Abhijit Banerjee and Esther Duflo, two economists known for their work with the poor, define the middle class as households whose daily per capita expenditures valued at purchasing power parity are between $2 and $4, and those between $6 and $10, located...