middle classes

Global Spectator, by Andrés Ortega The radical right lacks an International

The radical right is on the rise in a range of democracies, from Europe to Brazil, from the US to the Philippines. It is globalising rather than internationalising. There seems to have been a co-occurrence of issues and strategies, rather than an organised global movement, despite the efforts of [...]

Global Spectator, by Andrés Ortega US unemployment: good, but…

The latest official unemployment figure in the US, released in September, stood at 3.7%, a figure unheard of since 1969, which puts it on the brink of full employment. Or does it? Because despite the data, and annual GDP growth of 4.2%, there is widespread malaise in US society [...]

Global Spectator, by Andrés Ortega Half the world is middle class

The middle and wealthy classes now account for more than half the world’s population, rather more than 3.8 billion people, a majority. This is the conclusion of a World Data Lab report covering 97% of the world’s population and published on the Brookings Institution blog. This is a clear [...]

Global Spectator, by Andrés Ortega A vertical moment

There are horizontal periods – indeed some people, Thomas Friedman among them, believed some years ago that the world was definitively flat– and periods in which verticality imposes itself again. In many ways, we are once again moving from the horizontal to the vertical with, for example, borders where [...]

Global Spectator, by Andrés Ortega The western middle classes: decline, stagnation or rise?

The decline of a section of the middle classes in the west could be behind the electoral upheaval and the growth of populism in a large number of societies, but what is the truth of the matter? And if it is the case, what accounts for it? Globalisation? Technology [...]

Global Spectator, by Andrés Ortega Middle classes cut down to size

It may seem contradictory when the middle classes in emerging economies (now going through a slowdown) are growing like never before. But according to some studies, their numbers have been exaggerated. And in a good deal of Europe and the US, the middle classes are in free-fall, something that [...]

Global Spectator, by Andrés Ortega The US: votes of rage

Of the various terms used to describe the mood of voters, ‘rage’ and ‘anger’ emerge with perhaps the greatest frequency in the analyses and surveys, both quantitative and qualitative, of the elections in the US. Rage has been on the rise since 2010, and it accounts for phenomena such [...]

Global Spectator, by Andrés Ortega Latin America: time well employed, time wasted

Latin America –many of its countries, states and companies– have taken advantage of the economic growth of recent years to boost the creation of a middle class which, in turn, should be the basis for future development. In this respect, the region has made good use of its time. [...]

Contacto | Aviso legal y política de privacidad

2012-2018, Real Instituto Elcano - Elcano Royal Institute | Príncipe de Vergara, 51. 28006 Madrid (España - Spain) | Creative Commons BY-NC-ND 3.0