Remittances from one low-income country to another probably help to cut poverty.
In this low-income country, with an economy based on agriculture, forestry and fisheries, approximately 60 per cent of the population still resides in rural areas.
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The World Bank rates Kenya as a low-income country and analysts like Alban Aoko of Consumer Trends say that companies ignoring the mass market do so at their own peril.
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Rapid growth over three decades has allowed for transition from a low- to a middle-income country, but has also generated imbalances such as heavy reliance on investment, relatively low levels of private consumption, underdeveloped services, widespread environmental damage, and expanding income gaps.
Vale said in a conference call with investors that it expects some European trading partners to potentially slide into a recession, but believed that while Chinese economic activity is set to moderate, they expect the property market to remain strong thanks to a low income housing build-out in the country, and further fiscal stimulus by the government.
We have a history in this country of preying on low-income peoples because they don't have access to banks.
In 2009, Tory Burch teamed up with Accion USA, a microlending and microfinance organization, to help low- and middle-income women around the country start and grow small businesses.
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The game is simple: Shift as many costs as possible to a high-tax jurisdiction such as the U.S. and move as much income as possible to a low-tax country such as Ireland.
Some in China feel their country should still be viewed as a low-income nation, not even "moderately prosperous" yet, and left to focus on its own development.
"Across the country what we are seeing in our low-income communities, unfortunately, is poverty oftentimes predicts destiny and where kids can go, " says Shyam Kumar, the executive director of Teach for America in Metro Atlanta.
AppalRed provides free legal assistance to low income persons in 37 counties, located primarily in the Appalachian hill country of Eastern Kentucky.
The country can serve as an example for other low-income countries in South Asia, Africa and Latin America, where innovations that work in India are likely to work as well.
China's Shanghai Composite slipped 0.1%, to a six-week low, after the country's National Bureau of Statistics indicated net income from China's largest industrial groups dropped 5.2% in the first two months of the year.
It's one of the wealthiest counties in the country, but Wendy Enderson, who works for a nonprofit that works with low income people in Montgomery County says she's seeing much more demand for the kinds of services her group provides.
The focus there is really trying to reduce exposure to this discretionary purchases from low income consumers and if you watch them today there is a lot of these people in this country that are living on paycheck-to-paycheck and without savings and any movement or economic event really has an impact on them on a current basis relative to their expenditures.
Without a doubt, there is a grand experiment in economic policy taking shape across the country that could lead to a significant increase in the number of low to no-income tax states.
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Elsewhere in the country, the windfall of federal money and the opportunity to provide health care for low-income residents also appealed to other Republican governors, such as Michigan's Rick Snyder and Ohio's John Kasich.
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