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
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