POLS 3670 Lecture Notes - Lecture 15: Social Mobility, Gini Coefficient, Sub-Saharan Africa

• School: University of Guelph
• Department: Political Science
• Course: POLS 3670
• Professor: Lupien

Document Summary

The richest 300 people in the world hold more wealth than the poorest. 2011: 17% of people in the global south, or over 1 billion people, lived at or below. 2. 2 billion people lived on less than a day (only a slight decline from 2. 59 billion in 1981). At least 80% of humanity lives on less than a day. In 2012, just over 77. 8% of the extremely poor lived in south asia (309 million) and. Generally related to poverty but you can have a country whose wealthier and have a lot of inequality (south africa and brazil have huge rates of inequality but aren"t the poorest) The richest 1% hold 39. 9% of world"s wealth. The richest 5% hold 70. 6% of world"s wealth. Un and world bank reports show that inequality is growing despite economic growth and predict a human development disaster . Used to measure rate of inequality in a country.