Middle class pressure


Economy desk : In the whole world, wealth is being grabbed by some people. The middle classes are contracting. The number of superlatives is increasing.
This picture was presented in a report by Organization of Economic Co-operation and Development (OECD), a group of 36 richest countries in the world. Meanwhile, as the US Resources Research Organization Wealth X, the number of big economies in terms of the rate of increase in the number of big economies has been behind Bangladesh. According to OECD’s report, the income of the middle class has stalled in the global scale. Basically due to the increase of the assets of the super-rich, they are under pressure.
The report, titled ‘Under Prepress: The Squidged Middle Class’ (under the pressure of the middle class), was released last week. In this, images of the collapse of the middle class and the rise of the super-rich in the wealthy countries are highlighted.It is said in the report that the developed class from the middle class is somewhat lost.The OECD says that since middle class people are the basis of democracy, then in the Western countries it will have political impact. In politics, when the influence of populism is increasing and concerns about extremism are being created, traditionally the ‘backward’ feeling of this moderate middle class is being created. They are going out of the main cry of society. That is why the tendency of supporting them in ‘anti-corruption’ politics is increasing.
It is also said in the OECD report that middle-class people are the main movements of society. 60 percent of the UK’s middle class population As a result, if this society starts to think that prosperity is going from their ancestry, instability in society can be created.
OECD has introduced a variable economic model of the international range. They showed that the rise in the income of the middle class, despite the increase in the wealth of the miserable, is disappointing. They are lagging behind in the field. The top 10 richest people in Europe and North America have increased by one-third more than middle-income people.
As the OECD, more than one-third of the UK’s middle class families are struggling to meet the cost of the end of the month. And in the last decade, the top 1 percent of the United States’s annual income rose 11 percent to 20 percent. In contrast, income of middle-income people has increased slightly in the last decade.
Housing Costs
It has been said in the report that a home and higher education are the dreams of the middle class. But these are slowly becoming costly. Things are going beyond the reach of their wealth, thinking that their foreheads are folding. Naturally many parents want to keep a hiding place for the child’s head. Another demand for the middle class is the secure job. But secure / guaranteed jobs are becoming a golden deer.
OECD General Secretary Angel Goriya said that the middle class situation is now like the passengers in the middle of the storm in the middle of the storm.
On the other hand, OECD showed another generation difference. They said, the number of young people in the middle class decreased. Discrimination is taking people to the final place of wealth and poverty. There is nothing in the middle. That is why young people of the age group of ages are now 20 years old, and it is difficult for the middle class to come to Qatar. Which was not so difficult for the generation of their previous baby boomer (born between 1946-64).
Situation of Bangladesh
As US wealth research agency Wealth X, Bangladesh has been behind the world’s big economies in terms of the rate of increase in the number of super-customers. In the next five years since 2012, the number of billionaires in the country has grown to an average of 17 percent. This rate is more than the countries of 75 major economies, including the United States, China, Japan and India. As is seen in the same organization, Bangladesh is third in the world to increase the number of rich.
However, the income of the poor people in the country is decreasing. According to the Bangladesh Bureau of Statistics (BBS) Income-Survey Survey-2013, the country’s richest 5 percent household income has increased by 57 percent, compared to 2010. At the same time, 5 percent of the poorest households have lost 59 percent of their income.


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