The Asian Dream Is Waking Up to Reality
Bloomberg reports that the middle class is starting to struggle after decades of growth, but the momentum is still behind rising aspirations.
How quickly is Asia’s middle class growing? Not as fast as it needs to keep pace with aspirations. 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. There is no concrete definition of what such... ...
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