Latin America’s Middle Class Rises on Two Decades of Growth, But Challenges Remain

Credit Suisse's Whitepaper

Date:

Latin America’s Middle Class Rises on Two Decades of Growth, But Challenges Remain
Chile. Foto: @Doug88888, Flickr, Creative Commons.. Las clases medias en América Latina suman dos décadas de crecimiento, pero los retos continúan

Author: Alicia Miguel

Latin American economies have significantly narrowed the economic and social gap with more advanced economies

The middle class in Latin America grew by 50% between 2003 and 2009

Underinvestment in infrastructure, low savings ratios, a growing income distribution gap and education are some of the key challenges

The next ten years will be crucial to consolidate the gains made over the past decades