International Economics
SPRING 2013
Under the Supervision of: Dr. Louis Hobeika
International Economics - ECN 431 PROJECT:
Role of the Middle Class in shaping economic development in MENA? Identify it? Impact of urbanization, trade and the balance between transition and modernity
Submitted by:
Stephanie Boustany
Zahi Chammaa
Christian Chbeir
Mark Hourany
David Naccour
Abstract
The "middle class" is an elusive concept. And it is likely to be, in common speech, even perhaps in the political discourse of a semantic overuse.
This research proved the deep relation between the social class and the development of the economy in question, and here by development of the economy we will study many economic activities and especially the trade nationally and internationally, and also we linked the transition and modernity to this topic of middle class and economy.
The relationships between the factors of the research seemed to be deep, and the interconnections remained stable in the basic of the economy, and the life of the generations.
The previous researches empowered our understanding about this work, and we were deeply interested as a team to discuss all the information, and to share the needed ideas.
Table of Content
Introduction 4
Short Literature Review 6
Body 11
Conclusion
References
Introduction
We chose the current topic because it is very interesting in terms of studying the Middle Class, the urbanization, the trade, the balance between the transition and modernity, in addition to the relation between the previously presented factors.
We found that writing on this topic will be very motivating because the previous researches are rich in information but they lack the large combination of variables that is presented in the current topic.
From the first reading of the topic after we agreed on it, someone of
Under the Supervision of: Dr. Louis Hobeika
International Economics - ECN 431 PROJECT:
Role of the Middle Class in shaping economic development in MENA? Identify it? Impact of urbanization, trade and the balance between transition and modernity
Submitted by:
Stephanie Boustany
Zahi Chammaa
Christian Chbeir
Mark Hourany
David Naccour
Abstract
The "middle class" is an elusive concept. And it is likely to be, in common speech, even perhaps in the political discourse of a semantic overuse.
This research proved the deep relation between the social class and the development of the economy in question, and here by development of the economy we will study many economic activities and especially the trade nationally and internationally, and also we linked the transition and modernity to this topic of middle class and economy.
The relationships between the factors of the research seemed to be deep, and the interconnections remained stable in the basic of the economy, and the life of the generations.
The previous researches empowered our understanding about this work, and we were deeply interested as a team to discuss all the information, and to share the needed ideas.
Table of Content
Introduction 4
Short Literature Review 6
Body 11
Conclusion
References
Introduction
We chose the current topic because it is very interesting in terms of studying the Middle Class, the urbanization, the trade, the balance between the transition and modernity, in addition to the relation between the previously presented factors.
We found that writing on this topic will be very motivating because the previous researches are rich in information but they lack the large combination of variables that is presented in the current topic.
From the first reading of the topic after we agreed on it, someone of
References: * Heintz, J. and G. Chang. 2007. Statistics on Employment in the Informal Sector and Informal Employment: A Summary of Updated Estimates from the ILO Bureau of Statistics Database. Paper prepared for the ILO Employment sector,Geneva. * International Labor Office. 2009. ―Growth, Employment and Decent Work in the Arab Region: Key Policy Issues.‖ Arab Employment Forum, Beirut, October 19–21. * IMF (International Monetary Fund), ). 2011a. Direction of Trade Statistics Database. Available at http://elibrary-data.imf.org/FindDataReports.aspx?d=33061&e=170921. * IMF. 2011b. Economic Transformation in MENA: Delivering on the Promise of Shared Prosperity. Washington DC: IMF. * United Nations Development Programme (UNDP) and Arab Fund for Economic and Social Development. 2006. The Arab Human Development Report 2005: Towards the Rise of Women in the Arab World. New York: UNDP and Regional Bureau for Arab States. * World Bank. 2011a. World Development Indicators and Global Development Finance Database. Available at http://data.worldbank.org/data-catalog/world-development-indicators (downloaded September, 2011). * World Bank. 2011b. Towards a New Partnership for Inclusive Growth in the MENA Region. Washington DC: World Bank Group. * World Bank. 2008. Entrepreneurship and Economic Development: An Overview of the 2008 World Bank Entrepreneurship Survey (WBGES). Washington DC: World Bank Development Research Group. * World Bank. 2007. Middle East and North Africa Region: 2007 Economic Developments and Prospects. Job Creation in an Era of High Growth. Washington DC: World Bank. * World Economic Forum. 2011. The Global Competitiveness Report 2011–2012. Geneva: World Economic Forum.