Dear all, Homi Kharas<https://www.brookings.edu/people/homi-kharas/> will present his work on the middle class on March 27 at 17:00 at the Vienna University of Economics and Business in an event organized by the Department of Economics. Homi Kharas has been a senior fellow and deputy director for the global economy and development program at the Brookings Institution since 2005. He served for seven years as chief economist for the World Bank's East Asia and Pacific region and famously developed the concept of "middle income traps" together with Indermit Gill. In addition, he was the lead author and executive secretary of the secretariat supporting the High-Level Panel advising United Nations Secretary General Ban Ki-moon on the Post-2015 Development Agenda (2012-2013). The report, A New Global Partnership: Eradicate Poverty and Transform Economies through Sustainable Development"was the basis for the development of the Sustainable Development Goals. In The Rise of the Global Middle Class: How the Search for the Good Life Can Change the World<https://rowman.com/ISBN/9780815740322/The-Rise-of-the-Global-Middle-Class-How-the-Search-for-the-Good-Life-Can-Change-the-World>, Homi Kharas explores the evolution of the middle class from its beginnings in Victorian England to contemporary India. He examines whether it can sustain its growth or succumb to the pressures of automation, environmental challenges, and political turmoil. Title: The Rise of the Global Middle Class: How the Search for the Good Life Can Change the World Time: 27.03.2025 | 5 pm - 6:30 pm Location: Building EA, Sky Lounge<https://campus.wu.ac.at/?q=EA.6.022>, WU Vienna, Welthandelsplatz 1, 1020 Vienna Registration here<https://www.wu.ac.at/en/economics/event/lecture-homi-kharas> All the best, Jesus Crespo Cuaresma Professor of Economics Department Chair Department of Economics Vienna University of Economics and Business Welthandelsplatz 1 1020 Vienna (Austria) E: jcrespo@wu.ac.at<mailto:jcrespo@wu.ac.at> H: https://www.wu.ac.at/en/economics/people/crespo-j