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In Search of the Global Middle Class: A New Index

In Search of the Global Middle Class: A New Index

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The swelling middle class in emerging economies has received much attention in recent years, as it well should. The implications of its rise are far-reaching, from expanding economic opportunity to transforming the political landscape in some of the world’s most populous countries. Measuring the middle class, however, is no easy task. There is no widely accepted definition of what constitutes the middle class, and the commonly used income-based measures suffer from a number of deficiencies.
The swelling middle class in emerging economies has received much attention in recent years, as it well should. The implications of its rise are far-reaching, from expanding economic opportunity to transforming the political landscape in some of the world’s most populous countries. Measuring the middle class, however, is no easy task. There is no widely accepted definition of what constitutes the middle class, and the commonly used income-based measures suffer from a number of deficiencies.

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Published by: Carnegie Endowment for International Peace on Apr 26, 2013
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04/06/2014

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INTERNATIONAL ECONOMICS|JULY 2012
IN SEARCh OfThE GLObALMIddLE CLASS
 
A New Inex
 
Uri daus an Simelse Ali
 
INTERNATIONAL ECONOMICS | jULY 2012
IN SEARCh OfThE GLObALMIddLE CLASS
 
A New Inex
 
Uri daus an Simelse Ali
 
© 2012 Carnegie Endowment or International Peace. All rights reserved.
 The Carnegie Endowment does not take institutional positions on public policy issues; the views represented here are the authors’ own and do not necessarily 
reect the views of the Endowment, its staff, or its trustees.
No part o this publication may be reproduced or transmitted in any orm or by any means without permission in writing rom the Carnegie Endowment. Pleasedirect inquiries to:Carnegie Endowment or International PeacePublications Department1779 Massachusetts Avenue, NW  Washington, D.C. 20036el. +1 202-483-7600Fax: +1 202-483-1840 www.CarnegieEndowment.org Tis publication can be downloaded at no costat www.CarnegieEndowment.org/pubs.
CP 151

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