Author | : OECD |
File Size | : 43,7 Mb |
Publisher | : OECD Publishing |
Language | : English |
Release Date | : 21 December 2021 |
ISBN | : 9789264475892 |
Pages | : 144 pages |
Is the German Middle Class Crumbling Risks and Opportunities by OECD Book PDF Summary
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.