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Can the world afford a middle class? - Los Angeles Times
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Feb 8, 8:55am
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•http://www.latimes.com/news/opinion/l...
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From the page: "Homi Kharas, a researcher at the Brookings Institution, estimates that by 2020, the world's middle class will grow to include a staggering 52% of the total population, up from 30% now. The middle class will almost double in the poor countries where sustained economic growth is fast lifting people above the poverty line.
While this is, of course, good news, it also means humanity will have to adjust to unprecedented pressures."
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