Index & Notes

Global Income Distribution, 2000

Leaving us in 2000, eight years ago, with rapid change afoot that has moved the global mode up past $4 per day...by 2010 it will be past $5, and the number of people down at that risky $1/day level in rapid decline. By contrast, most of the lumpiness, the shoulder and knee sticking out of the global distribution, are on the right, separate groups of much wealthier people. They're not just the so-called developed world, but the sum of all the people in the so-called developing countries who are, by our own terminology, at "working-class" and "middle-class" incomes.

© Roy Brander, P.Eng 2008