Jan 7, 2019 · 1. The Indian middle class will truly come into its own By 2030, India will move from being an economy led by the bottom of the pyramid, to one led by the middle class. Nearly …

Jul 18, 2025 · The global consumer class continues to grow despite turbulence, with over 100 million people expected to join in 2025. Three economic scenarios from the seventh edition of …

Apr 21, 2018 · Groupings are primarily based on the regions used for administrative purposes by the World Bank. There are two main variants: one which includes all economies, and one …

Mar 6, 2025 · Here's what is ‘middle-out’ economies as economists tend to think a thriving middle class is essential for healthy growth, but its ranks are dwindling in many places.

Nov 29, 2018 · The burgeoning middle class in the Philippines is set to exceed the spending power of Italy’s middle class by 2030, in a sign of the Southeast Asian nation’s growing …

Sep 4, 2024 · The “middle-income trap” burdens over 100 countries, according to the World Bank. But what exactly is the trap? And, more importantly, how can countries overcome it?

Feb 10, 2025 · Erosion of the middle class a threat to democracy Hyper globalization has had significant ramifications beyond the economy too which, Rodrik believes, threaten the fabric of …

Nov 26, 2019 · The Fourth Industrial Revolution (4IR) upends current economic frameworks. Who makes money - and how - has changed. Demographics have changed. Even the skills that …

Nov 7, 2016 · By this definition, half of the country’s population of 1.2 billion are now middle class. The biggest growth is in those in the lower middle class classification who spend between $4 …

Aug 20, 2025 · It will accelerate the rise of what economist Guy Standing in 2011 coined the precariat – a class defined by insecurity, exclusion and anxiety. Today’s version of this, what I …