The expansion of a country’s middle class has often been regarded as a sign of development. In recent years, there has been a rise of the middle class in the developing world, resulting in economic prosperity, as well as a potential for more social security.

A report by Homi Kharas titled “The Unprecedented Expansion of the Global Middle Class” provides significant statistics on this topic. Worldwide, there are approximately 3.2 billion middle-class members, with this number expected to increase in the upcoming years.

Such is due in part to a decline in world poverty, with the rate of those living on less than $1.90 a day being about 10 percent. The largest reduction in poverty can be seen in Asia, particularly in the countries China, Indonesia, and India.

However, progress in poverty reduction and its related development of the middle class has been disproportionate. Regions of sub-Saharan Africa still see the greatest diffusion of poverty, with half of the world’s extreme poor being housed here.

Yet, despite this, there is cause for optimism. The GDP of developing countries, measured in terms of purchasing power parity, grew from approximately $35 trillion in 2005 to more than $40 trillion in 2011. Such an increase is reflective of an enlargement of the middle class.

While this clearly has economic consequences, it also has social ones. Predictions have been made regarding advancements in world democracy, as more middle-class citizens in developing nations recognize their potential to bring about governmental change. Strength comes in numbers.

As OECD director  Mario Pezzini comments: “Middle-class expectations in emerging and developing countries are rising and evolving as their countries’ economic situations improve… They are no longer satisfied with simply having access to public services; they are increasingly concerned with their quality.”

This, in turn, may have repercussions for world poverty, assuming governments are able to meet public demands. It has been universally recognized that causes of poverty include insufficient access to public resources such as education and healthcare, especially for rural inhabitants.

Assuming governments are able to meet public demands, if these public resources are not only expanded but improved, it is likely that global poverty will be further reduced. However, such is only speculative. Only time can reveal the future of poverty worldwide.

What appears to be certain, however, is that the rise of the middle class in the developing world has a number of positive consequences. Collective leaders should continue to ensure such growth in order to reduce poverty, bring about economic expansion and increase social opportunities worldwide.

– Gigi DeLorenzo

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