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Emerging Asia's Middle Class-A Force to be Reckoned With

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  • Steffen Dyck

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.

Suggested Citation

  • Steffen Dyck, 2009. "Emerging Asia's Middle Class-A Force to be Reckoned With," Working Papers id:2232, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2232
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    File URL: http://www.eSocialSciences.com/data/articles/Document16102009290.1235468.pdf
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    References listed on IDEAS

    as
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    5. Easterly, William, 2001. "The Middle Class Consensus and Economic Development," Journal of Economic Growth, Springer, vol. 6(4), pages 317-335, December.
    6. Eloisa T Glindro & Tientip Subhanij & Jessica Szeto & Haibin Zhu, 2008. "Determinants of house prices in nine Asia-Pacific economies," BIS Working Papers 263, Bank for International Settlements.
    7. Markus M. Grabka & Joachim R. Frick, 2008. "The Shrinking German Middle Class: Signs of Long-Term Polarization in Disposable Income?," Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 4(4), pages 21-27.
    8. repec:bla:revinw:v:48:y:2002:i:2:p:155-78 is not listed on IDEAS
    9. Senauer, Benjamin & Goetz, Linde, 2003. "The Growing Middle Class In Developing Countries And The Market For High-Value Food Products," Working Papers 14331, University of Minnesota, The Food Industry Center.
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    Cited by:

    1. Syetarn Hansakul, 2010. "Understanding China’s Consumers," Working Papers id:3014, eSocialSciences.

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