Is the German Middle Class Crumbling? Risks and Opportunities
Download or Read eBook Is the German Middle Class Crumbling? Risks and Opportunities PDF written by OECD and published by OECD Publishing. This book was released on 2021-12-21 with total page 142 pages. Available in PDF, EPUB and Kindle.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 142 |
Release | : 2021-12-21 |
ISBN-10 | : 9789264475892 |
ISBN-13 | : 9264475893 |
Rating | : 4/5 (92 Downloads) |
Book Synopsis Is the German Middle Class Crumbling? Risks and Opportunities by : OECD
Book excerpt: Thriving middle classes are the backbone of democratic societies and strong economies, but in many countries, they face mounting pressure as their economic strength is eroding relative to higher-income households. Real wages and incomes for most middle-class households have grown only very slowly, and rising expenditures have been putting further pressure on living standards.