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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 …
Persistent link: https://www.econbiz.de/10012588683
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 …
Persistent link: https://www.econbiz.de/10012591395
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 …
Persistent link: https://www.econbiz.de/10012658110
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 …
Persistent link: https://www.econbiz.de/10012671241
neither poor nor rich in the developed world, we estimate that China's global middle class grew rapidly after 2002, reaching …We investigate whether Chinese household incomes have caught up to those of the middle class in the developed world …
Persistent link: https://www.econbiz.de/10012870136
This chapter seeks to throw new light on the emergence of the Chinese economic middle class using data from the China … Household Income Project from 2002, 2007, and 2013. We find that between 2002 and 2013 China's income distribution was … rich if living in a high-income country, we find that the share of China's population that was middle class was extremely …
Persistent link: https://www.econbiz.de/10011876462
This paper studies the effects of globalisation on the income share of the middle class. Our findings suggest that globalisation, proxied by the KOF Economic Globalisation Index, reduces the income share of the middle class. The income share of the poorest 20% also drops due to globalisation,...
Persistent link: https://www.econbiz.de/10012130087
Interest in the emergence of a global middle class has resulted in a number of attempts to identify and enumerate who belongs to it . Current research provides wildly different estimates about the size and evolution of the global middle class because of a lack of consensus on appropriate...
Persistent link: https://www.econbiz.de/10011409503
Interest in the emergence of a global middle class has resulted in a number of attempts to identify and enumerate who belongs to it. Current research provides wildly different estimates about the size and evolution of the global middle class because of a lack of consensus on appropriate...
Persistent link: https://www.econbiz.de/10013011418
constructing a novel database covering approximately the 80% of the global output and the 60% of the world population, two major … findings stand out. First, the world underwent a spectacular process of capitalization. The share of world individuals with … capitalization process. In China, the average growth rate of capital income was 20 times higher than in western economies. The global …
Persistent link: https://www.econbiz.de/10012591267