Some Poverty Statistics and Facts

A few hundred millionaires now own as much wealth as the world’s poorest 2.5 billion people…”7 Million children die each year as a result of the debt crisis, 8,525,038 children have died since the start of the year 2000.”

Half the world — nearly three billion people — live on less than two dollars a day.

The GDP (Gross Domestic Product) of the poorest 48 nations (i.e. a quarter of the world’s countries) is less than the wealth of the world’s three richest people combined.

Nearly a billion people entered the 21st century unable to read a book or sign their names.

Less than one per cent of what the world spends every year on weapons could have put every child into school by the year 2000.

51 percent of the world’s 100 hundred wealthiest bodies are owned by corporations.

The wealthiest nation on Earth has the widest gap between rich and poor of any industrialized nation.

The poorer the country, the more likely it is that debt repayments are being extracted directly from people who neither contracted the loans nor received any of the money.

20% of the population in the developed nations, consume 86% of the worlds goods.

The top fifth of the world’s people in the richest countries enjoy 82% of the expanding export trade and 68% of foreign direct investment — the bottom fifth, barely more than 1%.

In 1960, the 20% of the world’s people in the richest countries had 30 times the income of the poorest 20% — in 1997, 74 times as much.

An analysis of long-term trends shows the distance between the richest and poorest countries was about :

3 to 1 in 1820
11 to 1 in 1913
35 to 1 in 1950
44 to 1 in 1973
72 to 1 in 1992.

“The lives of 1.7 million children will be needlessly lost in the year [2000] because world governments have failed to reduce poverty levels”

The developing world now spends $13 on debt repayment for every $1 it receives in grants.

A few hundred millionaires now own as much wealth as the world’s poorest 2.5 billion people.

“The 48 poorest countries account for less than 0.4 per cent of global exports.”

“The combined wealth of the world’s 200 richest people hit $1 trillion in 1999; the combined incomes of the 582 million people
living in the 43 least developed countries is $146 billion.”

“Of all human rights failures today, those in economic and social areas affect by far the larger number and are the most widespread across the world’s nations and large numbers of people.”

” Approximately 790 million people in the developing world are still chronically undernourished, almost two-thirds of whom reside in Asia and the Pacific”

“7 Million children die each year as a result of the debt crisis, 8,525,038 children have died since the start of the year 2000.”

[ also check out Five Facets of a Myth – by Kirkpatrick Sale, questioning our notion of Progress. It has many statistics. ]

Author: Anup Shah

News Service: MAI-NOT

URL: http://www.globalissues.org/TradeRelated/Facts.asp