The Everything Blueprint: The Microchip Design That Changed the World
by James Ashton · 11 May 2023 · 401pp · 113,586 words
the future there was political capital to be had, but for now it was the financial benefits that were obvious. Between 1960 and 1985, real income per capita increased more than four times in Japan and the four tigers. A 1993 World Bank report, ‘The East Asian Miracle’, put the nations’ success and
The Happiness Curve: Why Life Gets Better After 50
by Jonathan Rauch · 30 Apr 2018 · 277pp · 79,360 words
live among generous people • trust: corruption and dishonesty are bad for life satisfaction • freedom: feeling that you have sufficient freedom to make important life decisions • income per capita • healthy life expectancy If you look at that list, you will notice, again, that of the six factors, four have to do with social interaction
The Great Divide: Unequal Societies and What We Can Do About Them
by Joseph E. Stiglitz · 15 Mar 2015 · 409pp · 125,611 words
small sliver at the top. Meanwhile, East Asia took a different course; with governments leading the development effort (“the developmental state,” as it was called), incomes per capita rapidly doubled, tripled—eventually increasing eightfold. In the third of a century that Americans saw their incomes stagnate, China went from being an impoverished country
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in one country into an equivalent income in another). Still, that’s much better than it was even 25 years ago, when purchasing-power-parity income per capita was less than 5 percent that of the United States. But at the same time there has been an enormous growth of inequality in China
Melting Pot or Civil War?: A Son of Immigrants Makes the Case Against Open Borders
by Reihan Salam · 24 Sep 2018 · 197pp · 49,240 words
with little success. Michael Clemens, a champion of low-skill immigration, has found1 that development reduces emigration only at fairly high levels of income per capita. Once a country’s income per capita is in the neighborhood of $8,000 or so,2 adjusted for purchasing power, which we can think of as the threshold for
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; even as countries reach upper-middle-income status, emigration typically remains above the levels seen in the poorest countries, those with incomes per capita of $1,000 or below. By way of comparison, income per capita in the United States is $59,500, and in India and Nigeria, two of the world’s most populous countries
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has slowed so sharply in recent years is that Mexico’s GDP per capita (PPP) is now $19,500. This is still substantially lower than income per capita in the United States, and this gap remains big enough to tempt Mexican workers northward. Yet as the standard of living has improved in Mexico
Stakeholder Capitalism: A Global Economy That Works for Progress, People and Planet
by Klaus Schwab and Peter Vanham · 27 Jan 2021 · 460pp · 107,454 words
inequality later. We will come back to this notion in Part II of the book. Figure 2.5 Expected Pattern of Changes in Inequality versus Income per Capita, Based on State of Technological Revolution Source: Redrawn from Piketty, Saez, and Zucman (2018), World Inequality Report 2018.. But in spite of Kuznets’ early warnings
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that provided by GDP. Some complementary measures already exist, and others are on the way. “One quick fix is to adopt a measure like median income per capita, which better reflects the economic conditions real people face,” I wrote in a 2019 op-ed. “A more ambitious measure is Natural Capital,29 based
Enlightenment Now: The Case for Reason, Science, Humanism, and Progress
by Steven Pinker · 13 Feb 2018 · 1,034pp · 241,773 words
in poverty. Figure 9-2: Global inequality, 1820–2011 Source: Milanović 2016, fig. 3.1. The left-hand curve shows 1990 international dollars of disposable income per capita; the right-hand curve shows 2005 international dollars, and combines household surveys of per capita disposable income and consumption. The version of inequality that has
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-Kuznetsian rise. Let’s examine each segment in turn. Figure 9-3: Inequality, UK and US, 1688–2013 Source: Milanović 2016, fig. 2.1, disposable income per capita. The rise and fall in inequality in the 19th century reflects Kuznets’s expanding economy, which gradually pulls more people into urban, skilled, and thus
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the world’s population into twenty numerical bins or quantiles, from poorest to richest, and plots how much each bin gained or lost in real income per capita between 1988 (just before the fall of the Berlin Wall) and 2008 (just before the Great Recession). Figure 9-5: Income gains, 1988–2008 Source
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, 317, 320 poverty in, 90 Norvig, Peter, 477n20 Norway emancipative values in, 225–7, 226, 227 happiness ranking of, 475n30 human rights in, 208, 208 income per capita in, 271 populism and, 341 nostalgia, 48, 113, 256 Nozick, Robert, 99 nuclear power, 144–5, 146–50, 330, 465n76 nuclear war, 307–321 balance
Factfulness: Ten Reasons We're Wrong About the World – and Why Things Are Better Than You Think
by Hans Rosling, Ola Rosling and Anna Rosling Rönnlund · 2 Apr 2018 · 288pp · 85,073 words
answer is B. The majority of people live in middle-income countries. The World Bank[2] divides countries into income groups based on gross national income per capita in current US $. According to the World Bank[4], the low-income countries represent 9 percent of the world population, the middle-income countries, 76
Immigration worldwide: policies, practices, and trends
by Uma Anand Segal, Doreen Elliott and Nazneen S. Mayadas · 19 Jan 2010 · 492pp · 70,082 words
political and ethnic conflicts. Inequitable income distribution within the sender country acted as a motivation to emigrate as did the widening differential between Spain’s income per capita and that pertaining in the source countries. Interestingly, acute poverty is not always the principal driver in the decision to migrate. There is ample evidence
Unhealthy societies: the afflictions of inequality
by Richard G. Wilkinson · 19 Nov 1996 · 268pp · 89,761 words
3.1 3.2 4.1 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 Life expectancy and income per capita for selected countries and periods Increases in life expectancy in relation to percentage increase in GDPpc Relative risk of death from coronary heart disease according
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between GNPpc and life expectancy as it was in 1900, 1930, 1960 and 1990. 34 The health of societies Figure 3.1 Life expectancy and income per capita for selected countries and periods Source: World Bank, World Development Report, 1993 At lower levels of GNPpc there was, at each point in time, an
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the number of people living in each household. You could simply divide household income by the number of people in the household to get household income per capita. But as it is much cheaper for Income distribution and health 91 (say) four people to live together, sharing a washing machine, fridge, television, heating
The Growth Delusion: Wealth, Poverty, and the Well-Being of Nations
by David Pilling · 30 Jan 2018 · 264pp · 76,643 words
economy, with cash crops, a cut-flower industry, light manufacturing, and a well-developed tourism sector. It is also relatively prosperous by African standards, with income per capita of about $3,200 adjusted for local prices.7 Kenya follows the UN national accounts guidelines to the letter, though Ryan calls the income numbers
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the little kiosks where so many transactions are made beneath the radar of the taxman or statistician. “Anyone outside a Washington institution can see that income per capita in Africa must be vastly higher than the IMF figures indicate,” he says. This matters because these figures, which we take so seriously, “are the
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outside Delhi’s international airport. The year was 1985 and India was an extraordinarily poor country. In dollar terms, according to the World Bank, its income per capita was around $300. Life expectancy was fifty-six. The most abject poverty was visible everywhere, with gangs of shoeless children roaming the streets and beggars
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in plain view, in the cities, in the towns and in the villages. India today is still very poor. But it is another country. Its income per capita has quintupled to more than $1,500—or roughly $6,000 if you adjust for local prices—and life expectancy has improved by more than
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around 3.5 percent. That doesn’t sound too bad until you realize that the population was expanding at about 2 percent. What matters is income per capita. In those terms, India was growing at barely above 1 percent, nowhere near enough to make a dent in its grinding poverty. There was no
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the healthiest of the poor,’ he said. ‘We are just the poorest of the healthy.’ ” * So-called purchasing-power parity is a way of comparing income per capita—or GDP per capita—across nations by making adjustments for the fact that prices vary from country to country. A haircut in Mumbai is likely
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year from 1992 to 2010.5 In the process, it catapulted itself from poor peasant economy to modern powerhouse. The results were astonishing. In 1979 income per capita was a miserable $272. That was the year when Deng embraced market-driven policies by allowing farmers to sell surpluses and by establishing free-trade
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manufacturing zones to attract foreign investment. By 2015 income per capita had surged to $8,000, pushing China comfortably into middle-income status. Because of its huge population, China was also becoming a power to be
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seem benign. There are no slums,” writes one reporter.25 Still, Bhutan is no Shangri-la. It is a lower-middle-income country with an income per capita of just over $8,000 adjusted for local prices.26 It has low literacy levels, despite the government’s association of happiness with good education
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really must begin to imagine a world where the economy eventually stops expanding—in rich, mature economies at least.5 That does not mean that income per capita necessarily needs to stop rising. And that is what ultimately counts. Reporting growth on a per-capita basis is a small but important step in
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