“It’s a small world…but I wouldn’t want to have to paint it – Steven Wright
There has been a lot of discussion in recent years about a profound socioeconomic shift that is occurring, commonly referred to as The Rise of the Global Middle Class. The world’s middle class population was estimated by the Brookings Institution to include 400 million people in 2005.
In the next 20 years the global middle class is projected to grow to include 1.2 billion people. Fully two-thirds of that unprecedented expansion in prosperity will occur in China and India.