Middle Class Fortunes in Western Europe
Download or Read eBook Middle Class Fortunes in Western Europe PDF written by Rakesh Kochhar and published by . This book was released on 2017 with total page 63 pages. Available in PDF, EPUB and Kindle.
Author | : Rakesh Kochhar |
Publisher | : |
Total Pages | : 63 |
Release | : 2017 |
ISBN-10 | : OCLC:986998041 |
ISBN-13 | : |
Rating | : 4/5 (41 Downloads) |
Book Synopsis Middle Class Fortunes in Western Europe by : Rakesh Kochhar
Book excerpt: The fortunes of the middle classes in Western Europe's largest economies are moving in opposite directions. From 1991 to 2010, the shares of adults living in middle-income households increased in France, the Netherlands and the United Kingdom, but shrank in Germany, Italy and Spain. The divergent trajectories are linked to differences in how the incomes of households overall in these countries have evolved. France, the Netherlands and the UK experienced notable growth in disposable (after-tax) household income from 1991 to 2010. Meanwhile, incomes were either stagnant or falling in Germany, Italy and Spain.