The Emergence of a Global Middle-Class
// *Defined by using a US$6,000 cut-off point and purchasing power parity. Source: World Bank, World Development Indicators, 2002.
- The previous chart shows a wide disparity among developing nations in the portion of the overall population defined as middle-class;
However:
- The next chart shows that the actual number of people in the global middle class is huge.
- Even slight percentage increases in nations such as China and India amount to many millions of new 'middle-class' consumers.
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