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The New Middle Class in Brazil
Marcelo Nerimarcelonerifgvbr
CPS e EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
1mcnerifgvbr
Transformations Decades Metaphor
1960s-70s ndash Growth (DictatorshipInequality)
1980s ndash Redemocratization (Instability)
1990s ndash Stabilization (Kids in school)
2000s - Inequality fall (Formal jobs)
2010s ndash Quality of Education
2
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
p ccedil [ ccedil ]1970 a 1995
Average Inflation Rates 1970 to 1995
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
1970 - 2008
Average Inflation Rates 1970 to 2008
Variation of Per Capita Average Income per Income Deciles(20092001)
Source CPSFGV based on microdata from PNADIBGE
Richer
wwwfgvbrcpsnmc
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Transformations Decades Metaphor
1960s-70s ndash Growth (DictatorshipInequality)
1980s ndash Redemocratization (Instability)
1990s ndash Stabilization (Kids in school)
2000s - Inequality fall (Formal jobs)
2010s ndash Quality of Education
2
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
p ccedil [ ccedil ]1970 a 1995
Average Inflation Rates 1970 to 1995
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
1970 - 2008
Average Inflation Rates 1970 to 2008
Variation of Per Capita Average Income per Income Deciles(20092001)
Source CPSFGV based on microdata from PNADIBGE
Richer
wwwfgvbrcpsnmc
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
p ccedil [ ccedil ]1970 a 1995
Average Inflation Rates 1970 to 1995
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
1970 - 2008
Average Inflation Rates 1970 to 2008
Variation of Per Capita Average Income per Income Deciles(20092001)
Source CPSFGV based on microdata from PNADIBGE
Richer
wwwfgvbrcpsnmc
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Meacutedia Anual de InflaccedilatildeoMenos de 5 aaDe 5 a 15 aaDe 15 a 45 aaDe 45 a 100 aaMais de 100 aaSem dados
1970 - 2008
Average Inflation Rates 1970 to 2008
Variation of Per Capita Average Income per Income Deciles(20092001)
Source CPSFGV based on microdata from PNADIBGE
Richer
wwwfgvbrcpsnmc
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Variation of Per Capita Average Income per Income Deciles(20092001)
Source CPSFGV based on microdata from PNADIBGE
Richer
wwwfgvbrcpsnmc
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
wwwfgvbrcpsnmc
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Source CPSFGV amp IBGE Deflacted by INPC centrered in the end of the month
Mean Income PNAD X GDP2003-09 PNAD Growth was 18 pp per year higher than GDP
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Total Income Participation in 2009 - Brazil
154
418 428
50- 40 10+
Source CPS FGV based on microdata from PNAD IBGE
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Definition of Economic ClassesTotal Household Income from All Sources
Earnings Brackets in R$ Per Month
Inferior Superior Class E 0 1008Class D 1008 1610Class C 1610 6941Class B 6941 9050Class A 9050 -
Obs PNAD Adjusted for POFIBGE
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
2009-2003
Class E -4550Class D -1163Class C 3432Class B 3851Class A 4099
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Economic classes evolution
Fonte CPSFGV a partir dos microdados da PNADIBGE
httpwwwfgvbribrecpsRET42009_temporalindex-enghtm
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Fonte CPSFGV a partir dos microdados da PNADIBGE
Economic classes evolution
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
The Population Pyramid Classes ABC
Source CPSFGV based on microdata from PNADIBGE
2003 2008 2009
6587128391762175 94934828
13322409
19418071 19967739
Class C Class AB
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Population Difference by Economic Classes
2009-2003
Class E -20481069
Class D -2431443
Class C 29063545
Class B 3391694
Class A 3253636
Fonte CPSFGV a partir dos microdados da PNADIBGE
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
The Role of the New Middle Class
Politics - The 949 million Brazilians who are in the new middle class represent 505 of the population This means that the new Brazilian middle class not only includes the median voter but it could alone decide an election campaign
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
bull Economics - The new middle class concentrates more purchasing power of Brazilians (4624 in 2009 - it was 4566 in 2008) than classes AB together (4412)
The Role of the New Middle Class
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Simulador de Renda Is it Sustainablehttpwww3fgvbribrecpsNCMSIM_PNAD_anos_RENDATOTrenda-enghtm`
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Is it Sustainable
The synthetic indicator of potential consumption power increased by 226 between 2003 and 2009 while the index of income generation raised 312 Difference of 38 in favor of the production side
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
220
140
6
995
110
145
220
4
161
739
2
122
868
6
125
398
1
152
327
6
645
433
762
415
591
079
657
596
20102009200820072006200520042003200220012000
Net Generation of Formal Employment - BRAZIL Yearly (2000 to 2010)
Source CAGED MTE up to september
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Turning Points of Each Decade Occured in Years ended in 4
1964 - ldquoGolpe Militarrdquo1974 - Post oil shock amp Electoral loss -
Begins political distension1984 ndash ldquoDiretas Jaacuterdquo1994 ndash ldquoReal Planrdquo2004 ndash Growth and Employment
resumption - biggest Inequality fall2014s - 20
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
mcnerifgvbr
Forecasts Economic Classes 2009 to 2014
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
38 42
37
-24
-82
01 2
0
-04
14
-15
60
32
-96
-16
3
Classe ABC Classe AB Classe C Classe D Classe E
dez02 a dez08 dez08 a dez09 dez09 a dez10
ABC AB C D E
ECONOMIC CLASSES
Fonte CPSFGV a partir dos microdados da PME IBGE
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Present Satisfaction x Real GDP per capita
Brazil Denmark
2
y = 1E-04x + 44338R2 = 06499
23456789
0 5000 10000 15000 20000 25000 30000 35000
Real GDP per capita
Italy
Togo
Present Life Satisfaction X Per Capita GDP PPP
Does money bring Happiness
Source Gallup World Poll ndash IADB project
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Brasil
Russia China
India
Africa do Sul
Present Life Satisfaction 2009
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Future Felicity Index - 2009
Life in 5 Years ( 2009)404 - 531531 - 617617 - 695695 - 762762 - 878No Data
Source Gallup World Poll 2009
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Future Felicity Index- 2009 wrt 2014rsquo
South Africa
IndiaRussiaChina
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Future LifeSatisfaction
Individual
Future LifeSatisfaction
Nation
Brazil 878 684
Source CPSFGV Processing Microdata From Gallup World Poll 2006
Future Happiness Indexes - 2006
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
Thanks
Marcelo Nerimarcelonerifgvbr 55-21-37996887
CPS amp EPGE Fundaccedilatildeo Getulio Vargaswwwfgvbrcps
