Here is a mega-trend which businesses, politicians, and just about everyone else needs to track: the expansion of the Latin American middle classes. As we explain in this special focus, growing prosperity has been a key development over the last decade, but it is not uniform and it is not necessarily guaranteed for the next ten years. While rising standards of living are a good thing, it is also true that they don’t protect governments against protest. As the recent events in Brazil seem to underline, the middle class can be both better off – and more angry – at the same time. End of preview - This article contains approximately 2283 words.
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