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Asia's middle-class growth slows, keeping the 'Asian Dream' out of reach

Business Standard LogoBusiness Standard1d ago

Asia's middle-class growth slows, keeping the 'Asian Dream' out of reach - Business Standard

Quick Summary:

Policymakers need to focus on boosting livelihoods — but also on improving the quality of lives — for citizens to achieve the “Asian Dream.” Until that happens, it will be more myth than reality.

Good policies depend on the support of public opinion, and are likely to be stronger among the large middle classes that are typical of stable democracies.

The wake-up call may be in realising, as citizens in mature economies have discovered, that while reaching the middle class is one thing, it can be more challenging to stay there.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 10:17:09 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 820 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24950842

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 272 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Asia's middle-class growth slows, keeping the 'Asian Dream' out of reach" was covered 1 days ago by Business Standard, a news publisher based in India.

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  • URL: https://beamstart.com/news/asias-middle-class-growth-slows-17362258063703

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