Global Middle Class Initiative: Latest Articles

The Market Shall Set You Free

Last week President Bush again laid out a faith-based view of the world and again took heat for it. Human history, the president said in his inaugural address, "has a visible direction, set by liberty and the author of liberty." Accordingly, America will pursue "the ultimate goal of ending tyranny in our world" -- and Mr. Bush has "complete confidence" of success. Critics on the left and right warned against grounding foreign policy in such nanve optimism (a world without… more

Robert Wright | New York Times | January 28, 2005

Dignity, Most of All

With little media notice and marginal scholarly interest, a powerful and potentially transformative movement is taking shape across the Middle East. The movement cuts across religious, ethnic and gender lines. It threatens ruling elites. It poses new challenges to the social order. It makes new and urgent demands of civil society. It feeds and animates other movements. And it will reshape the region as we know it, far more than the US invasion of Iraq.

It's the most important movement… more

Mortgage Markets Will Strengthen Arab Middle Classes

Political theorists don't agree on much, but they tend toward a healthy majority on one issue: large, vibrant middle classes spur demands for greater democracy and help sustain democratic institutions.

In recent history, countries that have successfully transitioned to democratic pluralism tend to be those with strong middle classes. South Korea, Taiwan, Japan, Mexico and Chile all moved toward greater democracy after developing their economies and building middle classes. The Eastern European states that have shown the healthiest democratic… more

Afshin Molavi | The Daily Star/IHT | September 16, 2004

Where Have All the Big Ideas Gone?

Each era in American history is defined by a couple of big ideas: the Homestead Act, the GI Bill, Social Security, the Marshall Plan or the race to space. Such major social or economic innovations are usually advanced by our political leaders in response to national turning points. Few would disagree that the United States has reached another historical juncture. Where, then, have all the big -- and good -- ideas gone?

The paucity of… more

Ted Halstead | Los Angeles Times | August 14, 2004

The Arab World Needs a Development Bank

To understand the most pressing crisis facing the future of the Middle East, place a job advertisement in a local newspaper. In Tehran, an ad seeking a clerk for a Western company prompted more than 1,000 applications. Included among them: a PhD in economics, a medical doctor, dozens of software engineers and hundreds of Iran's top university graduates. In Cairo, a senior accountant told me he was shocked at the highly educated who applied for a low-level position with his… more