Arbeitspapier
The rise of China's global middle class in international perspective
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China's global middle class constituted 25 percent of China's population; in absolute size it was nearly double the size of the global middle class in the US and similar in size to that in Europe. Cross-country analysis of the relationship between the middle-class population share versus GDP per capita reveals an inverted-U pattern. China is not an outlier from the cross-country pattern, but the speed with which its middle-class has expanded is unusual. The only other countries with similarly large, rapid expansions of the middle class are transition economies.
- Sprache
-
Englisch
- Erschienen in
-
Series: LIS Working Paper Series ; No. 813
- Klassifikation
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Economywide Country Studies: Asia including Middle East
- Thema
-
China
middle class
income distribution
transition
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sicular, Terry
Yang, Xiuna
Gustafsson, Björn
- Ereignis
-
Veröffentlichung
- (wer)
-
Luxembourg Income Study (LIS)
- (wo)
-
Luxembourg
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Sicular, Terry
- Yang, Xiuna
- Gustafsson, Björn
- Luxembourg Income Study (LIS)
Entstanden
- 2021
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