This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...

This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...

Purpose – Using official and household survey data, the purpose of this paper is to analyze the size of middle class in rural China, its trend and geographical distribution. Determinants or drivers of changes in the size of middle class are explored. Design/methodology/approach – An absolute...

Middle class values have long been perceived as drivers of social cohesion and growth. This paper investigates the relation between class (measured by position in the income distribution), values, and political orientations using comparable values surveys for six Latin American countries. The...

Main description: The author clarifies the mutually constructive relationship between transnational and the modernizing Peruvian state, showing how the state maintains this relationship while simultaneously nurturing the new class.Originally published in 1983.The Princeton Legacy Library uses...

Chapter Introduction: You{u2026}and the Income Gap! -- chapter 1 The Income Gap ?Muddle? -- chapter 2 The Reality of Growing Income Inequality -- chapter 3 Understanding Economic Fairness Today -- chapter 4 The Income Inequality{u2013}Economic Fairness ?Disconnect? -- chapter 5 America{u2019}s...