Asset indices are ubiquitous in the debate about well-being in African countries, not least because of the paucity of traditional household income and expenditure data. Indeed, asset data have fuelled the creation of a new, more optimistic picture of well-being in Africa, where both income and the middle class are growing fast. This is the first review of the use o...

Asset indices are ubiquitous in the debate about well-being in African countries, not least because of the paucity of traditional household income and expenditure data. Indeed, asset data have fuelled the creation of a new, more optimistic picture of well-being in Africa, where both income and the middle class are growing fast. This is the first review of the use o...