The New Middle Classes Rise Up; Politics in Emerging Markets  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8749 (Sep. 2011), page 23-24.
Topik: International; Governmental Reform; Economic Development; Developing Countries--LDCs; Demonstrations & Protests; Middle Class; Manycountries

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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The past four years have seen a sharp contrast between recession-hit rich countries and buoyant emerging giants. This year the rich countries' economic woes have spilled over to their politics, too. But the woe is not all on one side. Despite their economic achievements, the likes of China, India, Indonesia and Brazil--to say nothing of the Middle East--are suffering discontent almost as profound as the malaise in the West. In rich countries the humbling of governments has been largely a result of economic slowdown, combined with problems in controlling public finances. Emerging markets, in contrast, have kept growth going, while public spending is (mostly) under control. The explanation for their political woes must lie elsewhere. The most plausible one is that India and China--and possibly other emerging markets, too--are experiencing the early stirrings of political demands by the growing ranks of their middle classes.

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