The Growing Middle Class in Developing Countries and the Market for High-Value Food Products
- Topics:
- Grocery
- Tags:
- Class,
- Developing Country,
- Finance,
- Food,
- Food & Beverage,
- Free Trade,
- Manufacturing,
- University Of Minnesota
- Source:
- University of Minnesota
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Overview: The central hypothesis of this paper is that the largest global growth opportunity for high-value food products is the emerging middle class in many developing countries. Using data for Lima, Peru, 20 percent of households are classified as middle or upper class based on the prevalence of ownership of major durable goods, such as refrigerators and automobiles.
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Format: PDF | Size: 151KB | Date: Mar 2003 | Pages: 17
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