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The Emerging Middle Class in Developing Countries by Homi Kharas of the Brookings Institute Middle class definition used is those spending $10-100 per day. Some interesting things to notice is that the projection is for the world economy to get to 200 trillion in 2005 dollars by 2036 up from about 70 trillion now. Asia will be over half of the world economy. North America will go from about 26% now to about 12%, which will be the same as central and south America. By 2024-2030, the dominant share of the middle class economy from India and China and the rest of Asia will established according the Kharas forecast. It would then be a shift from the lower end of the middle class range to the upper part.
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.