Tuesday, January 02, 2007

Global Income inequalities

Add to this the fact that in 2003, the top 20% nations accounted for nearly 85% of the globa income at a time when 2.8 billion people live on less than $2 a day and 1.2 billion live on less than $1 a day (according to 2003 figures of World Bank Report). While the per capita income (in purchasing power parity terms) of Norway – ranked number one in the Human Development Index – is $38,454, and that of the Czech Republic (ranked 30th) is $19,408, the same for the countries ranked 17th and beyond was an average of $281.

Strange, even dogs and cats have more equality among their sub species than mankind. Yes mankind, purported to be the most ‘intelligent’... it just seems to us, perhaps the most dumb.

For complete IIPM article click here

Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative