The global ‘middle class’: don’t believe the hype!

There has been a lot of crowing in recent years about the so-called global middle class. Does such a thing really exist? If so, how many people belong to it and where do they live? My colleagues and I, in the Global Consumption and Income Project, attempt in our most recent paper  to distinguish different concepts of the … More The global ‘middle class’: don’t believe the hype!