Why More Equal Societies Almost Always Do Better?
The “Global Risks 2011” Report has been released at the World Economic Forum in Davos, Switzerland. Risks research had been conducted based on survey from 580 decision-makers of the world to measure their perception of Risks of the future. Among the other possible risks (environmental, economic, technological, geopolitical) there was societal risk of economic disparity which surprisingly was selected as one of the most perceived likelihood to occur in the next 10 years. The leaders of the world picked up the economic inequality: wealth and income differences; they are more afraid of social revolutions than of earthquakes / storms, wars, pollutions or terrorism.
The main threat is that “the rich get richer while the poor get poorer”
Richard Wilkinson and Kate Picket in their book provide us with a lot of different graphs / statistics based on the countries, though here I would like to quote the Professor of Economics Sala-i-Martin, with whom I completely agree and who says: "You have to look at people, "Because if you look at countries, we do have lots and lots of little countries that are doing very poorly, namely Africa — 35 African countries." But all Africa has only about half as many people as China."
Here http://riskreport.weforum.org/global-risks-2011.pdf you might find “Global Risks 2011” Report.
Sincerely,
Tatiana
The main threat is that “the rich get richer while the poor get poorer”
Richard Wilkinson and Kate Picket in their book provide us with a lot of different graphs / statistics based on the countries, though here I would like to quote the Professor of Economics Sala-i-Martin, with whom I completely agree and who says: "You have to look at people, "Because if you look at countries, we do have lots and lots of little countries that are doing very poorly, namely Africa — 35 African countries." But all Africa has only about half as many people as China."
Here http://riskreport.weforum.org/global-risks-2011.pdf you might find “Global Risks 2011” Report.
Sincerely,
Tatiana
Tania,
YanıtlaSilThanks for your useful post.
Actually after I read your post I think a bit about it. Every countries had some difficulties because of natural disaster such as earthquake and with time we overcome all difficulties. If a country have income differences problem, it seems easier but if we look at these countries, we can realize they struggle to be able to overcome for a long time but by the time problem getting bigger and countries cannot control anymore.