PSY 145 Chapter Notes - Chapter 5: Psych, Eastern Bloc, Sub-Saharan Africa

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Global human development dimensions: the central concept of the 1992 human development report, launched in. Sweden on 23 april 1992, is that the search for fair access to business opportunities must extend to the global world beyond national borders. Otherwise income gaps are likely to explode between the wealthiest and the poorest people, having doubled in the last three decades. The income of the richest billion people is 150 times that of the poorest billion, which is a perilously large difference. The world"s small, 20% population earns just 1: 4% of global gnp and has a share of just 1% of global trade, 0, 2% of global commercial lending, and 1, 3% of global investment. There"s no need to be specific in those numbers. What is noteworthy is that the costs of market opportunities being refused significantly outweigh international assistance. To the poor, it is certainly easier to make their living than to receive boundless and uncertain international charity.

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