Type Lecture / discussion
LanguageEnglish
Organizer Department Economics
Contact econ-events@wu.ac.at

In this presentation, Homi Kharas discusses his latest book, The Rise of the Global Middle Class: How the Search for the Good Life Can Change the World, where he examines the rapid expansion of the global middle class, which now comprises over half of the world's population, and explores its profound implications on economics, politics, and societal structures. The presentation will delve into how the burgeoning middle class influences global consumption patterns, drives political change, and addresses pressing challenges such as inequality and climate change. Drawing from historical trends and current data, he offers a comprehensive analysis of the middle class's role in shaping a sustainable and equitable future.