So most of the world’s population lives: for $ 10. day – TVN24 Business and World

The middle class, which drives the economy, it is more a promise than a reality – according to a Pew Research Center report. US think tank compared the income of 111 countries in 2001-2011 and found that although its size worldwide has doubled, reaching 13 percent. in 2011, it is still a little on the global scale. And worse, as much as 71 percent. of the population lives on less than $ 10 a day.

Unlike in the US where the middle class in recent years has been in trouble, strong economic growth in developing countries has helped in reducing poverty and middle class developed on around the world – the report says. But this is only a step on the ladder of global development – says Rakesh Kochhar of Pew.

ZR & oacute; DLO: Shutterstock The report suggests that universal health insurance is a goal achievable; also shows that progress has been made in this direction

At least 400 million people worldwide do not have access to such basic St. … see more »

Pew Research Center defines poverty as living under two dollars a day for a family of four. In contrast, households with low incomes are those who live for 2-10 dollars a day. In turn, the middle class live for 10-20 dollars a day.

The sharp decline in poverty has been observed in India. The poverty level fell to 20 percent there. in 2011 from 35 percent. Just 10 years earlier. But most of these people shifted to low income groups and the middle classes barely move.

In Africa, the poverty rate fell from 40 per cent. to 39 per cent., but earnings growth occurred mainly among people with low incomes.

In China, rapid economic growth has widened the ranks of the middle class, increasing it to 18 percent. of the population in 2011. The level of poverty in the Middle Kingdom fell from 41 to 12 percent. Despite this, 2/3 of the Chinese is among those with low incomes.

The middle class is growing also in some Eastern European countries, eg. In Belarus and Romania, but also in South America, in countries such as Argentina and Brazil.

Of course, most – 87 percent. – Middle class lives in Europe and the US, though here its size has fallen to 63 percent. in 2011 from 76 percent. a decade earlier.