A CGD Note. This note considers how the G20 could support more rapid growth in low-income countries (LICs)—countries with a GNI per capita below $1,145 (1.5 percent of the US level, or 9 percent of China’s). G20 countries have considerable self-interested as well as humanitarian reasons to focus their attention on lifting LICs out of national poverty and toward self-sustaining growth. They also collectively dominate most of the international flows and institutions that could help speed LIC progress to middle-income status from trade through migration, aid, and finance as well as technology development, global regulation and standards setting.
Charles Kenny
Books, Papers and Articles
Charles Kenny writes about global development — what’s working, what isn’t, and how the world can do better. An economist who spent fifteen years at the World Bank, he is now a senior fellow at the Center for Global Development in Washington, DC.
Charles Kenny 
Leave a comment