Transcription of THE UNPRECEDENTED EXPANSION OF THE GLOBAL MIDDLE …
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THE UNPRECEDENTED EXPANSION OF THE GLOBAL MIDDLE …
THE UNPRECEDENTED EXPANSION OF THE GLOBAL MIDDLE CLASSAN UPDATEHomi KharasGLOBAL ECONOMY & DEVELOPMENT WORKING PAPER 100 | FEBRUARY 2017 Homi Kharas is a senior fellow and deputy director in the GLOBAL Economy and Development program at the Brookings :I would like to thank Lorenz Noe for his extraordinary and painstaking work in crafting the data base on which this paper relies. Enormously valuable comments were provided by John McArthur and Geoff Gertz. The paper also benefited from comments provided at a presentation made to the 1818 Society Economist :The Brookings Institution is a nonprofit organization devoted to independent research and policy solutions. Its mission is to conduct high-quality, independent research and, based on that research, to provide innovative, prac-tical recommendations for policymakers and the public.
Feb 28, 2017 · to a rethinking of long-run potential growth prospects ... ance between taxes on the middle class and services ... The 2011 International Comparison Program contained
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