Arbeitspapier

A global middle class is more promise than reality

The first decade of the 21st century witnessed an historic reduction in global poverty and a near doubling of the number of people who could be considered middle income. But the emergence of a truly global middle class is still more promise than reality. In 2011, a majority of the world's population (56%) continued to live a low-income existence, compared with just 13% that could be considered middle income. And though there was growth in the middle-income population from 2001 to 2011, the rise in prosperity was concentrated in certain regions of the globe, namely China, South America and Eastern Europe. The middle class barely expanded in India and Southeast Asia, Africa, and Central America.

Sprache
Englisch

Erschienen in
Series: LIS Working Paper Series ; No. 641

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Kochhar, Rakesh
Ereignis
Veröffentlichung
(wer)
Luxembourg Income Study (LIS)
(wo)
Luxembourg
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kochhar, Rakesh
  • Luxembourg Income Study (LIS)

Entstanden

  • 2015

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