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Panama: What Does ‘Middle Class’ Mean?

Categories: Latin America, Panama, Development, Economics & Business

In Contrapunto [1] [es], Hannah asks what it means to be part of the ‘middle class’ in Panama. Sociologists and economists place the mark at a minimum monthly salary of $500 USD, she explains. But Hannah wonders if a ‘middle class’ family can really cover all its needs with $500 a month.