The Economist (November 23)
Across Asia a surprising and unwelcome phenomenon is arising: middle-class stagnation. Over the past three years, for example, 6 million Indonesians fell “into the ‘aspiring middle class,’” and are now “a stone’s throw away from poverty.” The nation’s middle-class population share dropped “to 17% from 22% before the pandemic.” This “middle-class malaise” is not restricted to Indonesia and may “shake up everything from profits to politics” throughout Asia.
Tags: 17%, 6 million, Asia, Aspiring, Indonesians, Malaise, Middle class, Pandemic, Politics, Population, Poverty, Profits, Stagnation, Surprising, Unwelcome
The Guardian (July 26)
“Every one of Japan’s 47 prefectures posted a population drop in 2022, while the total number of Japanese people fell by nearly 800,000,” marking “two new unwelcome records for a nation sailing into uncharted demographic territory, but on a course many other countries are set to follow.”
Tags: 2022, Demographic, Drop, Japan, Population, Prefectures, Records, Uncharted, Unwelcome
