[All] Trends in Global Wealth
Susan Koswan
dandelion at gto.net
Mon Jan 31 10:21:11 EST 2011
Since watching the NFB film Who's Counting: Marilyn Waring on Sex, Lies and
Global Economics http://www.onf-nfb.gc.ca/eng/collection/film/?id=32736 I
know that I cannot continue to avoid learning more about our economic
systems. What a huge gap I have in my knowledge! I've always thought that we
as activists and environmentalists are largely ineffective because we don't
understand and manipulate "the system". We're just not talking the same
language or viewing the world in the same way as the people in power with
the money making the decisions that affect us all.
Get a load of this:
Trends in Global Wealth
Global wealth staged a remarkable comeback in 2009, increasing by 11.5% to
$111.5 trillion, just short of the year-end peak set in 2007.
. North America posted the largest absolute gain in wealth at $4.6 trillion
(15%), but the largest percentage gain-and the second largest in absolute
terms-occurred in Asia-Pacific (excluding Japan), where wealth increased by
22%, or $3.1 trillion. That was nearly double the global rate.
. Latin America had the second-highest growth rate at 16%.
. Europe remained the wealthiest region. Its $37.1 trillion in AuM
represented one-third of the world's wealth. It was one of several regions
where wealth surpassed its pre-crisis year-end peak.
. North America and Japan were the only regions where wealth remained below
the year-end 2007 levels.
. North America accounted for about 40% of the $11.5 trillion increase in
global wealth in 2009. Its wealth increased to $35.1 trillion.
Global wealth also became slightly more concentrated as it grew. Less than
1% of all households were millionaires, but they owned about 38% of the
world's wealth, up from about 36% in 2008.
http://www.ameinfo.com/235205.html
Susan K
pareto2080: The Return of Pareto
by Susan Koswan
Treehuggers.
The 80/20 Rule.
One long weekend...
<http://www.volumesdirect.com> www.volumesdirect.com or
<mailto:dandelion at gto.net> dandelion at gto.net
In Waterloo Region bookstores and libraries. Now on Kindle!
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