Worldwide The global middle class is expected to grow and reach 5.5 billion by 2030. Some 87% of the additional middle class population will be Asians. Developing...

The growing purchasing power of the middle classes in the newly industrialised countries creates opportunities for the consumer goods industry, health services, infrastructure and education.

International Monetary Fund, A shifting global economic landscape,(2017). German Institute for Economic Research, Shrinking share of middle-income group in Germany and the US (full report), (2016)...