The Future: six drivers of global change - novelonlinefull.com
You’re read light novel The Future: six drivers of global change Part 22 online at NovelOnlineFull.com. Please use the follow button to get notification about the latest chapter next time when you visit NovelOnlineFull.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy
8 China from 30 to the low 40s
Data Set, University of Texas Inequality Project, Estimated Household Income Inequality Data Set (EHII). This is a global data set, derived from the econometric relationship between UTIP-UNIDO, other conditioning variables, and the World Bank's Deininger & Squire data set (http://utip.gov.utexas.edu/data.html); World Data Bank, http://data.worldbank.org/indicator/SI.POV.GINI.
9 Russia from the mid 20s to the low 40s
Ibid.
10 United Kingdom from 30 to 36
Data Set, University of Texas Inequality Project, Estimated Household Income Inequality Data Set; "Growing Income Inequality in OECD Countries: What Drives It and How Can Policy Tackle It?," OECD Forum on Tackling Inequality, May 2, 2011, http://www.oecd.org/dataoecd/32/20/47723414.pdf.
11 make compared to six times just two decades ago
"India Income Inequality Doubles in 20 Years, Says OECD," BBC, December 7, 2011, http://www.bbc.co.uk/news/world-asia-india-16064321.
12 investment income at the lowest tax rate of all-15 percent
Joseph E. Stiglitz, "Of the 1%, by the 1%, for the 1%," Vanity Fair, May 2011.
13 capital gains income goes to the top one thousandth of one percent
Paul Krugman, "We Are the 99.9%," New York Times, November 24, 2011.
14 now has more inequality than either Egypt or Tunisia
Nicholas D. Kristof, "America's 'Primal Scream,' " New York Times, October 15, 2011.
15 have more wealth than the people in the bottom 90 percent
Ibid.
16 the 150 million Americans in the bottom 50 percent
Ibid.
17 have more wealth than the bottom 30 percent of Americans
Tim Worstall, "Six Waltons Have More Wealth Than the Bottom 30% of Americans," Forbes, December 14, 2011.
18 up from 12 percent just a quarter century ago
Stiglitz, "Of the 1%, by the 1%, for the 1%."
19 the top 0.1 percent increased over the same period by 400 percent
Krugman, "We Are the 99.9%."
20 from 5 to 40 percent of the GDP in developed countries
UnctadStat, Statistical Database for the United Nations Conference on Trade and Development, http://unctadstat.unctad.org/ReportFolders/reportFolders.aspx.
21 capital flows are expected to continue increasing three times faster than GDP
International Monetary Fund, World Economic Outlook, September 2011, http://www.imf.org/external/pubs/ft/weo/2011/02/weodata/WEOSep2011alla.xls; Peter Bisson, Elizabeth Stephenson, and S. Patrick Viguerie, "The Global Grid," McKinsey Quarterly, July 26, 2011.
22 from 5 to 30 percent of GDP from 1980 to 2011
UnctadStat, Statistical Database for the United Nations Conference on Trade and Development.
23 United States, paying them wages that are 20 percent higher
Daniel J. Ikenson, "Made on Earth: How Global Economic Integration Renders Trade Policy Obsolete," Cato Trade Policy a.n.a.lysis No. 42, December 2, 2009, http://www.cato.org/pubs/tpa/tpa-042.pdf.
24 for more than five million U.S. citizens
