No Condition Is Permanent : Middle Class in Nigeria in the Last Decade

The economic debate on the existence and definition of the middle class has become particularly lively in many developing countries. Building on a recently developed framework called the Vulnerability Approach to Middle Class (VAMC) to define the middle class, this paper tries to estimate the size o...

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Main Authors:	Corral Rodas, Paul Andres, Molini, Vasco, Oseni, Gbemisola
Format:	Journal Article
Published:	Taylor and Francis 2018
Subjects:	MIDDLE CLASS VULNERABILITY GENERALIZED MAXIMUM ENTROPY LIVING STANDARDS POVERTY INEQUALITY SHARED PROSPERITY ECONOMIC GROWTH
Online Access:	http://hdl.handle.net/10986/29235

id	okr-10986-29235
recordtype	oai_dc
spelling	okr-10986-292352021-05-25T10:54:43Z No Condition Is Permanent : Middle Class in Nigeria in the Last Decade Corral Rodas, Paul Andres Molini, Vasco Oseni, Gbemisola MIDDLE CLASS VULNERABILITY GENERALIZED MAXIMUM ENTROPY LIVING STANDARDS POVERTY INEQUALITY SHARED PROSPERITY ECONOMIC GROWTH The economic debate on the existence and definition of the middle class has become particularly lively in many developing countries. Building on a recently developed framework called the Vulnerability Approach to Middle Class (VAMC) to define the middle class, this paper tries to estimate the size of the Nigerian middle class in a rigorous quantitative manner and to gauge its evolution over time. Using the VAMC method, the middle class group can be defined residually from the vulnerability analysis as those for which the probability of falling into poverty is below a certain threshold. The results show that there has been considerable improvement in the size of the Nigerian middle class from 13 per cent in 2003/4 to 19 per cent in 2012/13. However, the rate has been slower than expected given the high growth rates experienced in the country over the same period. The results also paint a heterogeneous picture of the middle class in Nigeria with large spatial differences. The southern regions have a higher share and experienced more growth of the middle class compared with the northern regions. 2018-01-25T17:18:03Z 2018-01-25T17:18:03Z 2017-09-21 Journal Article The Journal of Development Studies 0022-0388 http://hdl.handle.net/10986/29235 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research Africa Nigeria
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	MIDDLE CLASS VULNERABILITY GENERALIZED MAXIMUM ENTROPY LIVING STANDARDS POVERTY INEQUALITY SHARED PROSPERITY ECONOMIC GROWTH
spellingShingle	MIDDLE CLASS VULNERABILITY GENERALIZED MAXIMUM ENTROPY LIVING STANDARDS POVERTY INEQUALITY SHARED PROSPERITY ECONOMIC GROWTH Corral Rodas, Paul Andres Molini, Vasco Oseni, Gbemisola No Condition Is Permanent : Middle Class in Nigeria in the Last Decade
geographic_facet	Africa Nigeria
description	The economic debate on the existence and definition of the middle class has become particularly lively in many developing countries. Building on a recently developed framework called the Vulnerability Approach to Middle Class (VAMC) to define the middle class, this paper tries to estimate the size of the Nigerian middle class in a rigorous quantitative manner and to gauge its evolution over time. Using the VAMC method, the middle class group can be defined residually from the vulnerability analysis as those for which the probability of falling into poverty is below a certain threshold. The results show that there has been considerable improvement in the size of the Nigerian middle class from 13 per cent in 2003/4 to 19 per cent in 2012/13. However, the rate has been slower than expected given the high growth rates experienced in the country over the same period. The results also paint a heterogeneous picture of the middle class in Nigeria with large spatial differences. The southern regions have a higher share and experienced more growth of the middle class compared with the northern regions.
format	Journal Article
author	Corral Rodas, Paul Andres Molini, Vasco Oseni, Gbemisola
author_facet	Corral Rodas, Paul Andres Molini, Vasco Oseni, Gbemisola
author_sort	Corral Rodas, Paul Andres
title	No Condition Is Permanent : Middle Class in Nigeria in the Last Decade
title_short	No Condition Is Permanent : Middle Class in Nigeria in the Last Decade
title_full	No Condition Is Permanent : Middle Class in Nigeria in the Last Decade
title_fullStr	No Condition Is Permanent : Middle Class in Nigeria in the Last Decade
title_full_unstemmed	No Condition Is Permanent : Middle Class in Nigeria in the Last Decade
title_sort	no condition is permanent : middle class in nigeria in the last decade
publisher	Taylor and Francis
publishDate	2018
url	http://hdl.handle.net/10986/29235
_version_	1764468833553219584

No Condition Is Permanent : Middle Class in Nigeria in the Last Decade

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