Economic Progress

Poorer than their parents. What's gone wrong for this generation?

An employee counts Euro notes at the Bank of Taiwan head office in Taipei May 10, 2010. Global policymakers unleashed an emergency rescue package worth about $1 trillion to stabilise world financial markets and prevent the Greek debt crisis from destroying the euro currency. REUTERS/Pichi Chuang (TAIWAN - Tags: BUSINESS) - RTR2DOS9

Between 2005 and 2014, the real income of up to 70% of households in advanced economies flattened or fell Image:  REUTERS/Pichi Chuang

Emma Luxton
Share:
Our Impact
The Big Picture
Explore and monitor how Economic Progress is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Economic Progress

Between 2005 and 2014, the real income of up to 70% of households in advanced economies flattened or fell.
Image: McKinsey & Company
Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Economic ProgressAgeing and Longevity
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Economic Progress
See all

Eurozone recession fears, and other economics news to read this week

Joe Myers

December 8, 2023

1:52

Huawei: Harnessing digital innovations to bring positive change into people’s lives

About Us

Events

Media

More from the Forum

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum