Understanding Upward Mobility in Development

Upward mobility is emphasized as a critical element of economic development, as it encompasses relative improvements in the livelihoods of the poorest segments of the population. This concept differs from general movement, which can refer to geographical or occupational changes without social implications. The focus on upward mobility highlights the ethical dimension of economic growth, wherein the speed at which the poor improve their circumstances compared to the rich is vital. Therefore, upward mobility is not merely about anyone's progress, but about the relative growth of disadvantaged groups, making it a crucial gauge of social welfare.