Is the German Middle Class Crumbling? Risks and Opportunities

Is the German Middle Class Crumbling? Risks and Opportunities
Author :
Publisher : OECD Publishing
Total Pages : 142
Release :
ISBN-10 : 9789264475892
ISBN-13 : 9264475893
Rating : 4/5 (893 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.


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