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Competitiveness is a key factor in a country’s economic prosperity. The ups and downs of the business cycle can influence economic growth to a greater or lesser extent. However, over the long term, the fundamental factor that determines an economy’s ability to generate wealth and prosperity in a global environment is competitiveness.
Is belonging to the middle class an ambition? What is the quality of life of the middle class like? How has it evolved in recent decades? And how will it evolve in the future? Are middle-class people satisfied with their lives? All these questions are very important, but before addressing them, we must first answer the question, who is the middle class?
we analyse the evolution of the middle classes in advanced countries in recent decades, focusing in particular on the trends in Spain’s middle class over the last decade.