Rich-Poor Gap Widening


corruption statistics The global economy has grown sevenfold since 1950. Meanwhile, the disparity in per capita gross domestic product between the 20 richest and 20 poorest nations more than doubled between 1960 and 1995.

Of all high-income nations, the United States has the most unequal distribution of income, with over 30 percent of income in the hands of the richest 10 percentand only 1.8 percent going to the poorest 10 percent.

Source:

Rich-Poor Gap Growing, Vital Signs 2003, pp. 88-89.

Worldwatch Links:

Vital Signs Fact of the Week Archive
Vital Signs 2003 press release
Take action: Vital Signs 2003, What You Can Do
More research from Worldwatch

Additional Resources:

World Bank Site on Inequality, Poverty, and Socio-Economic Performance: www.worldbank.org/poverty/inequal/index.htm