Middle Class Gpac2010

DP“THE EMERGING MIDDLE CLASS IN VIETNAM TRANSITIONAL ECONOMY: IDENTIFICATION, MEASUREMENT AND CONSUMPTION BEHAVIOR RESPECT TO ECONOMIC GROWTH”

Instructor: Vu Thanh Huong Research group: Nguyen Van Thinh Tran Thuy Duong Le Hai Yen Bui Thi Thao Ly Dai Hung

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Abstracts In developed countries, “the middle class is considered as source of business spirit and creativity-economic units promote economic prosperity, the middle-class supplies all necessary inputs for the development of neoclassical economic- new ideas, accumulation of capital and human capital”1. However, in developing countries in general and Vietnam in particular, the formation and development of the middle-class, as well as its role in society, economic and politic, have large differences besides similarities2. There are many different views about the Vietnamese middleclass. First, there are diverse identifications about the middle-class based on living standard, education level or political role. Besides, there are so many questions about the existence, size, uniformity and the role of the middle-class in the economic and social development. So, this research article hopes to contribute a new point of view about the Vietnamese middle-class today.

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Homi Kharas, “The emerging middle class in developing countries”, 01/2010 Banerjee and Dufflo, “What is middle class about the middle class around the world”, 12/2007

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Table of content

Abstracts .......................................................................................................... 2 1. 2. 3. 4. Introduction...............................................................................................4 Objectives .................................................................................................4 Analysis framework ..................................................................................5 Concept of the Vietnamese middle class....................................................5 4.1. 4.2....