Emerging Asia's Middle Class-A Force to be Reckoned With
Steffen Dyck (),
Syetarn Hansakul () and
Rachna Saxena ()
Working Papers from eSocialSciences
Abstract:
The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that the Asian consumer will replace the US as “world consumer of last resort†, although this seems unlikely in the foreseeable future.
Keywords: health; Asian countries; global crisis; human capital; disposable income; quality; taxes; public services; education; consumer goods; financial services; products; Asian; dynamic middle class; market; chinese; US; china; economic growth; poor; rich; household wealth (search for similar items in EconPapers)
Date: 2009-10
New Economics Papers: this item is included in nep-sea
Note: Institutional Papers
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:2232
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