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Economic powers in the Arena
(1) Life
expectancy (years): women and men. (2) Births
per woman. (3) GDP per
capita (purchasing-power parities): USA = 100. (4) Consumption
per capita, kilograms oil equiv. (5) Internet users
(% population), approx. Source: UN Department of Economic and Social Affairs. Further estimations.
Around 2020 half of world GDP will come from USA and China (25+25%). India,
Brazil, and Korea are going to challenge current G8 members: the new map of
wealth heralds a blast of fresh air in the net of international relations. Nevertheless,
such turbulent streams induce a tough political
competition. Will global and local investors keep watching an essential
four-indicator dashboard (dollar, euro, chinese growth, oil prices) in order
to detect the fuzzy route of changing capitalism? Not so likely. A litigious
WTO forum and the feared UN paralysis do not sound reassuring. Equilibrium looks
chimerical henceforth. Per capita daily income ranges from 50 to over 100
dollars in the “rich” lands. Middle-class nations, including Russia and Latin
American forerunners drop between 20 and 30 dollars. The average Chinese has
achieved a ten-dollar note (“average” may prove to be deceptive). Most of our
fellow citizens have less than five to spend daily. |