Wednesday, 11 April 2012

Time for Mideast to focus on middle class - FT.com

The middle class typically serves as a force for positive socioeconomic change. Yet that has not happened in the Middle East and north Africa, where many of the region’s middle-class residents have grown dependent on their governments for jobs and services. Combined with weak social and economic infrastructures, this reliance on the state has prevented middle-class people from advancing and helping their national economies become stronger.
To alter this, governments must first understand the middle class. Yet there is surprisingly little information on this demographic group in the Mena region. To that end, Booz & Company surveyed roughly 1,450 middle-class people in Egypt, Saudi Arabia, and Morocco.

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