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2011 ..................................................... 3
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2011 ....................................................... 5
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2009
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2011
2009
2009
2008
2011 2600
100
2009
2009
2011
2010 62 2009
19%
2010 1 50
3 15
2011 59
18
2010 1 15 2008 4
50%
1
2010 GDP 2008
2009-2010 4
2010 2 62 2009
19%2008-2010 55%
40% 1
2008-2010 100%
2008-2010 100%
32010 50 2009
9 22%4 2 5
7 2010 15
3
3.4 2008 16%
22% 2 3
1 -5 1
5 -1 2
2009-2010 1
1
500
2008-2010 2008 23%
2010 24% 2011 25%
2011
72 16%
59 16% 18
18% 2 3
3
1
4
1
2
1 2008-2011
()
80
39%
160%
160%
9%
13%
19%
49%
44%
17%
26%
16%
28%
27%
26%
20%
106%
17%
18%
63%
21%
7%
19%
16%
16%
72
62
60
52
40
38
20
2008
2009
2010
()
2011E
2
-
2 2008-2011
1
58.5
>1
60
50.3
CAGR
CAGR
CAGR
(08-09) (09-10) (10-11E)
36%
22%
16%
82%
33%
22%
5000-1
23%
14%
11%
10005000
36%
23%
17%
41.1
40
30.2
20
2008
2009
2010
2011E
3 2008-2011
)
CAGR
CAGR
CAGR
(08-09 ) (09-10 ) (10-11E )
20
15.0
15
17.7
38%
24%
18%
> 1
74%
38%
28%
5000 -1
25%
14%
8%
1000 5000
34%
23%
17%
12.1
10
8.8
2008
2009
2010
2011E
2009-2010 2011
2009-2010
2009 2010
4 2010 GDP 10.3%GDP
2010 CPI 4.7% CPI 3.3%
2010
M2 2009
2010 M2 28% 20% 32% 20%
50% IPO
A
500
2009
10 2010
2008-2010 40%
30%
2010
15%
20%
2009-2010
2010
2009 40%
2010
2009 30%
2010 2010
2009 80%
2010
2009 30%
2011
2011
GDP GDP
2011
3700
2010
2011
2011
2011 IPO
2011
2011
2011
2010
2011
2010
2011
2011
2011
2010 QDII
2011
2010 5 3
10 1-3
1
2008 4
15 4
10
42010
>1
>4
3 - 4
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1 - 2
0.5 - 1
<5
15 80%
2010 1 15 40
80% 3 5 24
50%2010
7.0 15% 4.7
4.4
2.4 1.7
1.6
3
4
2.5-3
5
11
52010
2010
50
40
30
40
38
37
34
33
31
30
29
28
27
26
25
25
24
23
20
10
12
1 15 2008-2010 5
30% 3
26-30%
16% 25% 6
25%
2008-2010 1
3 40%
50%
62008-2010
08- 10
31- 40%
26- 30%
16- 25%
<1
15
1999
13
2015
15
14
15
70%
2009 10%
72009 2011
100%
80
60
40
20
2009
2011
16
2011 8
20%
- /
100%
80
60
40
20
2009
2011
17
2009
80% 2011 70%
5 4 9
100%
80
5.4%
0.3%
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4.0%
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-4.3%
5.3%
-7.4%
60
40
20
2009
2011
- 25% 18%
7
- 2009
18
2009
-
2011
60%
80%
10
11
19
10
100%
80
60
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20
11 2011
20%
10
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12
20
12
44%
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34%
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20
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IPO
11%
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40
2009
2011
60
80%
(%)
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8%
2009
4%
1
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2011
20
30
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(% )
70% 2009 20
2009
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1 26
60%
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2011
13
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100%
80
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%
80
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20
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23
2008-2010 100%
2008-2010
70%2011
5 73%
2010 80 160
2010 25 50
60%
14 1
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14
60%
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80
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15
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15
58%
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0
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5
5 1
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//
16
100%
1
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80
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/
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26
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2009 5 1
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EMBA
80%
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100%
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2007
45%
2009
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30%
20
29
20
100
%
30%
80
20
60
40
20
2009
2011
10
-10
21 56%
2009 10
30
21/
60%
2009
2011
56
48
47
40
30
24
19
20
17
8
2
60%
22
31
22
60%
100%
80
60
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31%
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40
20
0
20%
vs.
16%
0
10
20
30
40 50%
(% )
46%
32%
23
32
23
46%
32%
27%
26%
26%
0 1 20 30 40 50%
0
(% )
85% 60%
20%
24
33
24/
85%
60%
85%
80
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60
15%
40
8%
100%
20
8%
20
40
60
80 1.0
80%
10% 25
25/
100%
80
60
40
20
2009
201
1
34
2009
35
26
26
5000
36
1000 100
2009
2008
37
85% 60%
38
39
2008 2009-2010 4
//
40
2009
10% 20%
41
42
2011
2009
Bain &
Company HNWI Income-Wealth Distribution Model 2009
2011
Bottom-Up
Under SamplingTop-Down
2009
QDII
Lorenz Curve
GDP
2011 2600
100 28
37
43
2009
-
2009
44
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