2 lecture slides

2 lecture slides - Lecture Two Global Inequality Trends,...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Lecture Two Global Inequality Trends, Measures, Consequences Distribution of Wealth by GDP Source: World Mapper Date Wealth distribution adjusted for PPP ! The wealthiest 20% of the world’s population accounts for 75 % of global income. ! The poorest 40% of the world’s population accounts for only 5 % of global income. ! The richest 1% earns 415 times that of the poorest 1%. ! The average net worth of adults in the OECD countries is 79 times greater than in low income countries. ! The combined assets of the richest 200 people is over $1 trillion – more than the combined income of 41% of the world’s population. ! The combined GDP of 41 Heavily Indebted Poor Countries is less than the wealth of the world’s 7 richest people. I. Global Inequality Facts and Attention Grabbers
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
! According a UN study in 2006 (“World Distribution of Household Wealth”): * The richest 1% of adults own 40% of the world's assets * The richest 2% of adults own 50% of the world's assets * The richest 10% own 85% of the world's assets ! Where do they live?
Background image of page 2
c. 2005 Forbes.com 2008 World’s Billionaires Date Weatlh Growth 1975-2002 ! A UNDP study of 73 countries showed inequality
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/14/2010 for the course DEV STD C 1 taught by Professor Trist during the Fall '09 term at Berkeley.

Page1 / 7

2 lecture slides - Lecture Two Global Inequality Trends,...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online