Likely neither the World Bank nor Pichardo accept your definition.
And that definition does not change the World Bank's classifications and it is likely what Pichardo is referring to....when he speaks of upper middle income, etc.
The classifications perhaps only make sense to the World Bank and Pichardo.
http://data.worldbank.org/news/new-country-classifications
Respectfully,
Playacaribe2
You miss my point.
He tried to link 'middle income' with 'middle class;
Actually the DR is an upper middle income country!
The majority of households belong to the middle class and up.
Spin, spin, spin and utter bull**8*
DR is a country rich in assets with far too many poor people (and too may living in abject poverty) and a small middle but growing class.
'Middle income' just at the very bottom end maybe........but certainly very very far from the majority of households being 'middle class and up'!!!!!!!!