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Since independence in 1976, per capita output in this Indian Ocean archipelago has expanded to roughly seven times the pre-independence, near-subsistence level, moving the island into the upper-middle income group of countries.
FORBES: Seychelles
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True, the original customer base of Dollar General was the price-conscious low income group, but it has since expanded its appeal to the middle-class families with its more varied assortment of products readily available at its stores.
FORBES: Discount Retailer Attracts New Investors As It Evolves Into One-Stop Shopping Destination
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It is worth noting that there is a group of countries that are both middle-income and fragile.
ECONOMIST: Free exchange