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The Middle Income Group in China and Russia [electronic resource] / edited by Peilin Li, M. K. Gorshkov

Published
Singapore : Springer Singapore : Imprint: Springer, 2021.
Edition
1st ed. 2021.
Physical Description
LV, 373 p. 57 illus., 18 illus. in color. online resource
Additional Creators
Li, Peilin, Gorshkov, M. K., and SpringerLink (Online service)
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Series
Contents
Introduction -- Trajectory and Development of the Middle Income Group -- Consumption and Lifestyle of the Middle Income Group -- Social Security and the Risk Resistance Capacity of the Middle Income Group -- Social and Political Participation of the Middle Income Group -- Mid-Income Groups in Russian Metropolitan Cities.
Summary
This book includes a series of papers that mainly discuss the proposition of "double middle-income traps." It analyzes various perspectives of middle-income groups of Russia and China including employment, education, consumption, mobility, social insurance, social values and identity, social and political participation. This book further indicates that the expansion of middle-income groups plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps. The middle class and middle-income group generally owns higher economic capital and cultural capital and is proved to be the main strength in expanding consumption by many empirical studies. However, the middle class and middle-income group has currently encountered hindrance to upward mobility, life quality, social security and class identity, which prevent the expansion of the middle-income group and improvement of social structure. Through comparing the middle-income groups of these two countries, this book gives us a panoramic view of their social and economic condition. Successfully combining theory and concrete practical guidelines, the book offers a valuable resource for all those active in this dynamic field. The book is important for students, scholars, researchers and professionals in economic and social science fields. .
Subject(s)
ISBN
9789811614644
Digital File Characteristics
text file PDF
Part Of
Springer Nature eBook
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