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Thai) 2:
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academics - professors and lecturers at universities and colleges
widespread - happening or existing in many places, or affecting many people
trend - a gradual change or development that produces a particular result
academics call the widespread trend the "missing middle".
catch up - when one person is behind in a race and runs harder to get in front
lower middle-class fails to catch up - meaning: they try hard to make more money and do better, but they can't
lower middle-income earners haven't been able to catch up with the rich and are being squeezed by the lower-income group
emerged - come into being; appeared
poverty - the condition of being extremely poor just emerged from poverty
majority - more than half, more than 50%, most of
earning the majority of their incomes from their labor - most of their income and earnings come from manual labor (in a factory, for example)
macroeconomic - the whole economy of a country
development - the gradual growth and formation of something
macroeconomic development - the gradual growth and formation of the whole economy of a country
interconnectedness - a situation with connections between everything (connected and have relationships via the internet)
increased interconnectedness in the world via technology
benefit - to get help or an advantage from something stand to benefit from - will gain from this situation (if it happens in the future)
compounding their problem - making their problem bigger
stand to benefit from technology and globalization, corruption is compounding their problem
discontentment - not happy with a situation
social and political discontentment in many countries
secondary school education - high school education, Matayom Suksa
pressure - stress, cannot live comfortably (difficult decisions must be made)
"The lowest bracket of the middle-income group feels the most pressure about their future
fared - come through a situation; was successful / unsuccessful in a particular situation
fared poorly - did not do well, not good compared to others
fared poorly on its income gap - has a bad income gap (big separation between rich and poor)
skills - a type of work or task requiring special training and knowledge
training - to teach people how to do an activity or job
skills training
enhancing - making something better
innovation - a new way of doing something
enhancing innovation - making people at finding new useful ways of doing things
reform - improvements in the way government or an organization operates; a change that is intended to correct a situation that is wrong or unfair
tax reform - making changes to the tax system to improve it
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