Development Facts and Figures

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Definition of absolute poverty?
Used to be under $1.25 a day now its around $2 according to World Bank
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Wealth distribution
According to the UN richest 1 percent of the world’s adult population owned 39.9 percent of the world’s household wealth,a total greater than the wealth of the world’s poorest 95 percent who hold, together, just 29.4 percent of the world’s wealth.
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Global billionaires?
1,201 global billionaires hold $4.5 trillion over half of the total wealth of 3.01 billion people worth under $10,000
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'Developed' countries with major poverty etc.
Qatar, Kuwait and Bahrain (Bahrain and Arab Spring with Hamad bin Isa Al Khalifa)
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Joseph Stiglitz on development?
the problem of development is market failure and reliance on free trade to improve a countries situaiton when it simply does not have the financial institutions, legal systems or entrepreneurial culture needed to make this work
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Estonian growth rate/
8.5%
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EU aid?
110 million euros to South Sudan; South Sudan Development Plan 2011-13 being spent on food/resource security/health/education and rule of law)
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Hurricane Sandy Impact?
US $50 billion damage (2nd most expensive after Katrina); Jamaica 70% had no electricity + $100 miolion; Cuba $2 billion; Haiti 200,000 left homeless
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Number dead after Haiti earthquake?
220,000
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Jamaica poverty, GDP and GDP per capita?
16.5% below poverty line; $25.18 billion GDP; $9,100 GDP per capita
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China and Africa?
Since 2000 backed 1,700 projects coming to around $75 bn
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Replacement of SAPS?
Poverty Reduction Strategy Papers (PRSP)
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Poland (shock therapy success story)
$800.934bn and HDI 0.813 (39th globally)
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South Korea (SAP success story)
12th economy in world; $32,020 GDP per capita; exports 7th largest in world; 1997 S. Korea experienced national bankruptcy (IMF bailout $58.4 billion bailout plan)
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PRSPs in action?
Mali has had 7 with the newest being in May 2013
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Card 2

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Wealth distribution

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According to the UN richest 1 percent of the world’s adult population owned 39.9 percent of the world’s household wealth,a total greater than the wealth of the world’s poorest 95 percent who hold, together, just 29.4 percent of the world’s wealth.

Card 3

Front

Global billionaires?

Back

Preview of the front of card 3

Card 4

Front

'Developed' countries with major poverty etc.

Back

Preview of the front of card 4

Card 5

Front

Joseph Stiglitz on development?

Back

Preview of the front of card 5
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