Episode description
In his State of the Nation address in early June 2022, Uganda’s President Yoweri Museveni said that Uganda was on the cusp of becoming a middle income country. That’s been contradicted by World Bank figures. In response to a question from a More or Less fan in Uganda, Tim Harford looks at how a country’s income status is calculated and what relevance it has. Featuring Rachel Sebudde, Senior Economist at the World Bank.