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Scrutiny
  
Animal planet
Global Income inequalities
28/12/2006

The world was never an equal place. Every specie in this world has a prey and it in turn is a prey for stronger specie. Yet, nowhere within one specie the disparity is so much as it is in the case of mankind. Consider this – UNDP states that the world’s total GDP in 2004 was $40.85 trillion, out of which the 30 countries that form the OECD (Organisation for Economic Cooperation and Development) account for $33.03 trillion; 102 developing economies accounted for $8.35 trillion; and the combined 45 sub-Saharan African countries accounted for a mere $498.5 billion (nearly equal to USA’s defense budget of 2005). Add to this the fact that in 2003, the top 20% nations accounted for nearly 85% of the global 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.

By:- BE Edit Bureau
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