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Globalisation- the cause of the gap between wealth and poverty?

 

Dates and facts about the gap between wealth and poverty:

Historical facts:

- Globalisation (started about the of time of exploration) = leading driving force for the Industrial Revolution/I.R. pushed procession of Globalisation

- Success of I.R. was only possible with exploitation of the poor countries

- Prosperities of the industrial revolution

=> Rising requirements of resources for the industrialist and industrial countries

=> Aggravation of exploitation of the developing countries

=> Rising gap between wealth and poverty

 

Development of the ratio between the richest and poorest countries:

 

Year:                             Ratio:

1850                              3   to 1

1950                              35 to 1

1992                              72 to 1

 

The World today:

Definition poverty:

Absolute poverty = status of having less than one US Dollar a day to fulfil the basic requirements.

=> 16 % of the global population lives in absolute poverty

     70 % of the global population lives in poverty

 

 

 

 

 

 

 

 

Economic situation wealth and poverty:

 

- 1960: richest 20 % has 30 times the income of the poorest 20% 

- 1997: richest 20 % has 74 times the income of the poorest 20%

- 2001: the 497 registered billionaires own a combined wealth of about 1.5 trillion dollars

= more than the GNP of: All the nations of Sub-Saharan Africa or North Africa or the oil-rich regions of the Middle East 

 

Unequal arrangement of the global goods:

 

- 20% of the population in the developed nations, consume 86% of the world’s goods => resources of four planets are needed to establish same living standard as the richest third of the world enjoys today

- 12% of the world’s population (high and medium developed countries) uses 85 percent of its water

- 46 percent of the food in Britain is wasted uneaten, while 20,000 children die each day because of hunger becomes evident.

 

Possible solutions:

 

- ignore the facts and let humanity destroy itself

- accept the facts and realise adapt living standards to the resources of the world and stop wasting them to make a fair arrangement of the global goods possible

 

by Katharina Gausling, Lukas Thesker, Sebastian Erning and Konstantin Skibinski

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Percent of the population of a region who lives in poverty