Flourishing middle classes in the emerging world to keep driving reductions in global inequality
Published on Monday, March 2, 2015 | Updated on Monday, March 2, 2015
Flourishing middle classes in the emerging world to keep driving reductions in global inequality
BBVA projections for world population by GDP per capita: -Middle classes to comprise two-thirds of world population by 2025, doubling the share in 2000 -A low middle class citizen is today’s worldwide median -Emerging economies become predominant in wealthier segments -A dramatic reshaping of global consumer business away from basic products
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