Is the German Middle Class Crumbling? Risks and Opportunities
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
Download or read book Is the German Middle Class Crumbling? Risks and Opportunities 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. 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.