"The Emerging Middle Class in Developing Countries" - Brookings

The following are some of the dramatic features of a presentation by Homi Kharas of Brookings Institution June XX, 2011 Click here -

(a) By 2030,size of the middle class in Asia Pacific is expected to grow from 525 million (28% of global total) to 3.2 billion (66% of total) or from 23% of global consumption to 59% (2005 PPP$ terms);

(b) The key two drivers are China and India. In 2009, the global consumption share of the top ten countries was US (21%), Japan (8%), Germany (6%), France (4%), UK (4%), Russia (4%), China (4%), Italy (3%), Mexico (3%), Brazil (3%). By 2020, this is expected to change to China (13%), US (12%), India (11%), Japan (6%), Germany (4%), Russia (3%), France (3%), Indonesia (3%), Mexico (3%) and the UK (3%). By 2030, the share will be dominated by India and China - India (23%), China (18%), US (7%), Indonesia (4%), Japan (4%), Russia (3%), Germany (3%), Mexico (3%), Brazil (3%) and France (3%).

(c) China's middle class is already the world's second largest (after the US) in absolute numbers (157 million consumers) but only 12% of the population. By 2030, this is expected to grow to over 70 % of the population, consuming $10 trillion in goods and services. By 2030, 100% of the population is expected to achieve average income of $100 a day (2005 PPP$).

Comments

[exhaust]

My spouse and I stumbled over here different web page and thought I should check things out. I like what I see so now i am following you. Look forward to checking out your web page for a second time.

[garcinia cambogia]

Hello! Would you mind if I share your blog with my facebook group? There's a lot of people that I think would really appreciate your content. Please let me know. Cheers

[muscle building stacks]

I am really thankful to the owner of this site who has shared this fantastic post at here.

[web developers chicago]

It's perfect time to make some plans for the future and it is time to be happy. I have read this post and if I could I wish to suggest you some interesting things or tips. Perhaps you can write next articles referring to this article. I want to read even more things about it!

[green coffee extract reviews]

Hi friends, its wonderful post about tutoringand entirely defined, keep it up all the time.

[i need to lose weight]

Hi there to all, how is the whole thing, I think every one is getting more from this site, and your views are pleasant for new people.

[Ripped Muscle X Supplement]

Pretty! This has been an incredibly wonderful post. Thanks for providing these details.

[how to take green coffee bean]

I always emailed this weblog post page to all my friends, since if like to read it next my contacts will too.

[measurement]

Yes, these are also used in hospitals and medical facilities when obese patients need to get rid of disease causing fats. For example, if a woman is 25 weeks pregnant a doctor would expect her fundal height to be 25 centimeters, or within 2 to 3 centimeters above or below that number. This metric measures the percentage of customer requests and complaints that are resolved during, or after, their first contact with the customer service department.

[Hayden]

Offering the typical polished Metro UI experience along with superior photographic technology via a 12 MP camera having a Carl Zeiss lens, all inside a lighter handset, the Finnish mobile phone manufacturer's support of Windows Phone in favor of its own (failed) Mee - Go platform is observed by many being a last throw from the dice. As you can see, both games console system are closely matched except to the Blu-ray technology that Play - Station 3 has. However, this can cost around $100 and dominate a month for the process to complete. Here's the legality issue that needs to be cleared: Copying games is legal. Now this can happen slowly a lot more than time or can take place following one long gaming session however the results are the same.

[shojenomichi]

stochastical