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Most of the world’s extreme poor live in middle income countries – but not for long

IIn the early 1990s, there was a near complete overlap between poor people and poor countries, with more than 9 out of 10 of the world’s extreme poor living in low-income countries at the time. This picture changed over the following two decades, in part driven by the movement in and out of the low-income group of populous countries like China and India where most of the extreme poor lived.