Demand for commodities is expected to stay relatively strong over the coming 20 years, reflecting
the growth of the middle class in emerging markets, especially China.
The rapid
growth of the middle class in developing markets globally, and particularly in Asia, has catalyzed rapid changes in consumer demand.
The growth of the middle class in China has helped other big American companies, expanding the potential harm of the tariffs.
Similarly, the urban population is projected to grow about 1.6 % per year over this period, and this can be used as a proxy for
growth of the middle class to a lower bound of 3 billion.
The growth of the middle class in markets such as China - and the resulting increase in disposable income - has been pinpointed as the driving force behind an increase in global dairy consumption and demand.
Consumer focus on wellness, environmental impact and macroeconomic factors such as
the growth of the middle class creating more disposable income are shaping the global packaging market, said Charles D. Yuska, president and CEO, PMMI.
According to the Times findings, an Amazon India spokesperson said, «This high propensity for reading, growth in literacy, increasing internet penetration and internet - enabled devices, plus a rapid
growth of middle class population with increasing disposable income, makes it a very promising market.»
However, the scale &
growth of the middle class will obviously depend on each country's cultural, political & economic climate and development, so buying these markets en - masse won't necessarily remain the best approach — country / stock - picking will become increasingly important.
Beyond issues like poverty, unemployment, and
the growth of the middle class in Mexico, which are foremost concerns for Pérez, he has no doubt that art, too, would suffer.
Not exact matches
The plight
of the
middle class was a major theme
of his launch speech and the subject
of his first position statement, published as a column in the Toronto Star entitled: «Canadian
middle class left out
of the
growth equation.»
Richmond attributes the surge in trans - Pacific air travel to continued
growth of the Chinese economy and
middle class.
At the outset
of the Republican push to overhaul the US tax code, GOP leaders said reform would boost economic
growth, help the
middle class, and — importantly for the fiscal future
of the US — pay for itself.
The first is that emerging economies are expanding rapidly, creating unprecedented
growth in a global
middle class who are both producers and eager consumers
of manufactured goods.
A staggering amount
of wholesale change is happening — from unprecedented and widespread aging to rampant urbanization and
growth in a global
middle class to an eastward shift in economic power and a growing number
of disruptive technologies.»
«These are high -
growth markets, Saudi is one
of our investment destinations,» he said Wednesday, mentioning a young population, a large and growing consumer base and a growing
middle class.
«Overall, we believe that
growth is just simply not good enough, not good enough to reduce high unemployment still, not good enough to boost
middle -
class incomes, not good enough to drive poverty reduction,» Lagarde told reporters at the beginning
of the semi-annual meetings
of the IMF and World Bank.
«When you have that kind
of manufacturing
growth, what also happens is that you have rapid urbanization and growing
middle classes at the lower end.
From Barack Obama to Justin Trudeau, many politicians are promoting a
middle class economic vision, where a larger portion
of economic
growth is captured by those
of average income.
A set
of policies aimed at
middle class growth does not require us to reject the widely accepted understanding that the supply side
of the economy determines long - run
growth.
The decoupling
of income
growth and
middle -
class wages in the United States since 1970 is a prime example where the two did not move in tandem.
As a result
of government investment and solid economic
growth, 40 million
of those people entered the
middle class over the past decade.
And critics are also quick to point out that the promised benefits to Main Street
of Trump - style tax cuts — faster job
growth, higher wages and a boost to the
middle class — are very much in question.
The lion's share
of this expansion is expected to take place in emerging and developing countries such as India and China, where
middle class growth is booming.
Some forecasts predict that
growth of new solar installations globally will decline to the single digits, due to market saturation in the U.S. and China, but will surge ahead again by 2019 as more markets (such as the
middle and lower
class) open up as technology becomes more affordable.
Stagnant wage
growth isn't just a problem for those at the bottom
of the salary scales:
middle -
class family incomes are slightly lower now than they were in the 1970s.
You need to pay attention to the growing
middle class in the Asia - Pacific region, which is estimated to make up 85 percent
of the
growth in the global
middle class by 2030.
Those regions are home to a soaring number
of middle -
class shoppers, who represent much
of Unilever's
growth potential.
During a time
of rising income inequality, the American left is increasingly invoking Scandinavian countries as models for how to maintain the economic
growth that capitalist competition allows, while achieving more security and stability for the
middle and lower
classes.
Just as importantly, lower
growth will not create social disturbance because Chinese households, especially the poor and
middle classes, will keep a larger share
of that
growth.
Today, Asia is the core engine
of global economic
growth, thanks primarily to urbanization and the expansion
of its
middle class.
And by that we mean bring an end to double - digit price gains, bring about a steep correction in house prices to levels the city's lowly
middle -
class incomes can afford, bring about an end to staggering household debt levels and ultimately, bring about the end
of housing as the economy's engine
of growth?
Emerging markets are driving this
growth: China, in particular, is the world's largest consumer
of meat, with protein consumption expected to grow 3 — 4 % a year thanks to a rising
middle class.
Analysts point to the
growth of an urban «
middle class,» composed
of favoured members
of the Workers» Party and military, official, entrepreneurial, and technical elites.
OTTAWA — The Canadian economy remains stagnant, and the Conservatives» EI plan will not encourage the hiring
of new workers or produce the
growth middle class Canadians need.
If so, what will happen if
growth drops more sharply than Xi and Premier Li Keqiang plan and if the aspirations
of the second generation
of the
middle class reach beyond money?
With the right frameworks — we should finish negotiations on a FIFA and FTA — Canadian firms and investors can contribute to the
growth of the Indian economy and the demands
of its rapidly growing
middle class.
This near - term drive for
growth, coupled with longer - term trends
of increasing urbanization and a growing
middle class, will require greater and greater quantities
of the wood, metals and minerals and other goods and services that Canada has to offer.
Lost in all
of this doom and gloom is the reality that while emerging market
growth has slowed, the longer term thesis
of more individuals joining the global
middle class remains intact.
Similarly, investment opportunities become more plentiful, which leads to credit demand and small - business
growth — both
of which can disproportionately benefit the
middle class.
As India modernizes, its
middle class grows, and the nation assumes its new role in the global economy, energy supply will have to keep up with the pace
of growth.
The Greater Vancouver Board
of Trade's Policy Department has conducted a brief overview
of today's federal Budget 2018: Equality +
Growth: A Strong
Middle Class.
Ramathreya Krishnamurthi, Business Head
of TimesJobs, says, «Our RecruiteX report reflects the
growth of the Indian
middle class and their rising purchasing power which has converted the dream
of owning a home into tangible demand for affordable housing.
However, in «The Chinese
Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predi
Middle Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predic
Class: 110 Million Is Not Enough» (Nov. 2007 Insight), we explained that China was not yet far enough along the road to industrialization to have a big enough
middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predi
middle class of free spenders to sustain economic growth if exports fell with U.S. consumer spending, as we were predic
class of free spenders to sustain economic
growth if exports fell with U.S. consumer spending, as we were predicting.
In Australia, the state governments control most planning and have discouraged suburban
growth» to the benefit, Kotkin notes,
of developers (and presumably
of the politicians whose campaigns they support) and the detriment
of middle -
class people, who now face some
of the world's highest housing prices.
Despite the rhetoric
of both the Democratic and Republican parties heralding the U.S. as a republic
of stockholders, Phillips observes that «
middle -
class families held (just) 2.8 percent
of the total
growth in stock market holdings between 1989 and 1998, but accounted for 38.7 percent
of the rise in household debt.»
The problem
of growth in black
middle -
class churches will not be solved by their being emotional like the folk.
Let me repeat: the love
of learning will not in itself ensure the
growth of a black
middle -
class church, but without it in the equation there will be no healthy black
middle -
class church.
«With exponential population
growth through 2050, rising
middle class growth and increasing demand for protein, it will be an incredible challenge to meet the nutritional needs
of a growing planet,» Wagner says.
Brazil and Argentina are other key countries for future
growth, fuelled by a growing
middle class, and also marketing campaigns run by major importers such as Expand Importadora and Interfood Importação, aiming to promote the culture
of wine drinking in the case
of Brazil.
As lower income nations move in to the
middle class they start to eat more protein and beef so if you have income
growth of 7 per cent then you have an extremely strong case.»