The incredible growth of the middle class  – JAMES PERON

The world is fast approaching an incredible milestone in human development: for the first time in history more than half the world’s population will be middle class.

Homri Kharas, Deputy Director of Global Economy and Development with the Brookings Institute, points out, “There was almost no middle class before the Industrial Revolution began in the 1830s. It was royalty and peasant. Now we are about to have a majority middle-class world.”

In a recently released study, The Unprecedented Expansion of the Global Middle Class, Kharas defines middle class as those economically secure enough to cover all their basics, yet be able to afford luxuries, eating out, pursuit of an education, etc. By that definition, adjusted for cost of living in the various regions of the world:

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Wednesday, 10 October 2018 MEDIA BRIEFING – Neil Emerick – Economic Freedom of the World 2018 – @ FMF – RSVP

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Media digest AUGUST 2018 for all media coverage

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  Robert Vivian – 75% is what it will take to change S25 of Constitution – no argument
Frans Cronje –  South Africa to 2030: A strategic intelligence briefing 
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Mike Settas – NHI Bill and the Medical Schemes Amendment Bill
Dr Johann Serfontein – Competition Commission’s Health Market Inquiry (HMI)
Temba Nolutshungu –  Property Rights Index launch 1 of 7
Mmboneni Muofhe – Property Rights Index launch 2 of 7
 Lorenzo Montanari –  Property Rights Index launch 3 of 7
Sary Levy Carciente – Property Rights Index launch 4 of 7
Leon Louw – Property Rights Index launch 5 of 7
Kelly Chibale – Property Rights Index launch 6 of 7
Jasson Urbach + Q&A  – Property Rights Index launch 7 of 7
FMF directors – Tales from last century - how FMF opposed apartheid
Leon Louw – Tobacco counts in the South African economy
Wayne Duvenage – OUTA: From toll boycott to anti-tax abuse organisation
Rex van Schalkwyk – Violation of the Rule of Law gave SA the Guptas and Zuma corruption
Cecelia Kok – Are you free to be you? A talk on individual freedom and identity politics
Temba Nolutshungu and Terence Corrigan – Expropriation without compensation – betrayal of the struggle
Adrian Schofield & Leon Louw – The ECA Bill will be a disaster for South Africa
Grietjie Verhoef – History of strong African entrepreneurship held back by powerful constraints
Robert Vivian and Leon Louw – FAIS: the harbinger of things to come
Dawie Roodt – The final countdown: How to survive this awful budget
Leon Louw – What is Oxfam's real agenda? It's not pro-poor
Frans Rautenbach – The law trade unions and growth - what role do they play in job creation?
Eustace Davie –  Failure to respect constitutional rights causes mass unemployment
Leon Louw – New law guaranteed to raise price of data and limit internet access
Adrian Saville – Paths to prosperity - lessons for a six pack solution
Leon Louw – South African Airways: The facts behind the fiction
Neil Emerick –  Will South Africa crash and burn?
Garreth Bloor –  Want economic growth? Repeal bad law
Jasson Urbach & Johann Serfontein – NHI pie in the sky
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