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Is the German Middle Class Crumbling? Risks and Opportunities

Is the German Middle Class Crumbling? Risks and Opportunities

Paperback

LaborSocial Movements

ISBN10: 926481051X
ISBN13: 9789264810518
Publisher: OECD
Published: Jan 12 2022
Pages: 140
Weight: 0.73
Height: 0.30 Width: 8.25 Depth: 11.00
Language: English
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.

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