As national policies pivot toward rural and lower-income support, the urban middle class is being left out in the cold, squeezed by stagnant wages and rising costs, creating a "quiet frustration" that could pose a systemic risk to economic and political stability.
Stories about books and articles. Thoughts on Asia, South Korea and Southeast Asia in particular
Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts
Thursday, February 12, 2026
Why we cannot afford to neglect the urban middle class
Why we cannot afford to neglect the urban middle class
Tuesday, September 17, 2024
Indonesian middle class: The victims of backburner policy
Indonesian middle class: The victims of backburner policy
The first focus is that the government must continue to create job opportunities and encourage foreign direct investment in labor-intensive sectors.
Friday, September 6, 2024
Indonesia's economy suffers from 'long COVID' as middle class shrinks
Indonesia's economy suffers from 'long COVID' as middle class shrinks
Key growth driver has yet to recover from pandemic, statistics agency says
<https://asia.nikkei.com/Economy/Indonesia-s-economy-suffers-from-long-COVID-as-middle-class-shrinks>
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