No. Most emerging economies have high inequality. Usually there is a small super elite of high net worth, and the majority of other people are poor. The grow

No. Most emerging economies have high inequality. Usually there is a small super elite of high net worth, and the majority of other people are poor. The growth of a large middle class is usually what pushes countries out of this state. A middle classes grow, they demand political power to go with their economic power. This then puts a check on the excesses to either the mega-rich and extreme promises to the poor.