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See also: [[Middle-income trap]] ]]

See also: [[Middle-income trap]] ]]

Middle-income countries is the term which the [[World Bank]] defines as: "economies with a gross national income (GNI) per capita between $1,136 and $13,845 as of 2024. MICs consist of lower-middle-income countries and upper-middle-income countries, both of which are part of the income categories that the World Bank uses to classify economies for operational and analytical purposes,"<ref>[https://www.investopedia.com/terms/m/middle-income-countries.asp Middle-Income Countries (MICs): Characteristics and Significance], Investopedia</ref> as measured in [[US]] [[Petrodollar]]s.

Middle-income countries are the [[class warfare|class theory]]<ref>[https://business.time.com/2013/03/25/marxs-revenge-how-class-struggle-is-shaping-the-world/ Marx’s Revenge: How Class Struggle Is Shaping the World], By Michael Schuman, March 25, 2013.</ref> term which the [[World Bank]] defines as: "economies with a gross national income (GNI) per capita between $1,136 and $13,845 as of 2024. MICs consist of lower-middle-income countries and upper-middle-income countries, both of which are part of the income categories that the World Bank uses to classify economies for operational and analytical purposes,"<ref>[https://www.investopedia.com/terms/m/middle-income-countries.asp Middle-Income Countries (MICs): Characteristics and Significance], Investopedia</ref> as measured in [[US]] [[Petrodollar]]s.

== Asian Development Bank: The middle-income countries transition to high-income counties around the globe: Characteristics of graduation and slowdown ==

== Asian Development Bank: The middle-income countries transition to high-income counties around the globe: Characteristics of graduation and slowdown ==

The Asian Development Bank is a institution established in 1966 with 31 offices in the world designed to promote social and economic development in Asia. The Bank is headquartered in Manilla, [[Philippines]].

The Asian Development Bank is a [[globalist]] institution established in 1966 with 31 offices in the world designed to promote social and economic development in Asia. The Bank is headquartered in Manilla, [[Philippines]].

The abstract for the Asian Development Bank 2015 paper entitled ''The Middle-Income Transition around the Globe: Characteristics of Graduation and Slowdown'' indicates:

The abstract for the Asian Development Bank 2015 paper entitled ''The Middle-Income Transition around the Globe: Characteristics of Graduation and Slowdown'' indicates: