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Additionally, the influential Brazilian business journal “Exame” has regularly nominated Porto Alegre as the Brazilian city with the best quality of life based on the following indicators: “literacy, enrollment in elementary and secondary education, quality of higher and postgraduate education, per capita consumption, employment, child mortality, life expectancy, number of hospital beds, housing, sewage, airports, highways, crime rate, restaurants, and climate.” The success of this innovative budget process has made Porto Alegre a model for an alternative form of economic distribution...
...News and Broadcast” article in honor of International Women’s Day corroborates Summers’ declaration, noting that a “one-year increase in the schooling of all adult females in a country is associated with an increase in GDP per capita of around $700.” Today, 18 years after Summers’ speech, the question is no longer whether girls’ education in the developing world is an economically valuable cause, but rather how to best affect change within this sector...
...than a rhetorical flourish. Within a generation, Thailand was transformed from an exotic R&R playground for American soldiers fighting in Vietnam into Southeast Asia's manufacturing base, the world's top rice exporter and one of the most inviting vacation destinations on the planet. Yet even though per capita annual incomes reached nearly $4,000 in 2009, many Thais are still stuck in rice paddies or fish canneries wondering how the nation's economic boom bypassed them. Thailand now has one of the worst income disparities in the region. The 100,000-plus red shirts who have descended...
...Ackerman suggests looking at the potential costs of climate change differently. "You don't buy fire insurance on your house because you think it's going to burn down, but because you're not completely sure that it won't," he says. He says about 3% of per capita income is what is needed to protect against climate change: the amount people typically spend on insurance. We could think of it as collective property - or life - insurance...
...literally "Dwelling Narrowness"), which focused on the plight of a young couple who spend two-thirds of their monthly income keeping up the mortgage on a tiny Shanghai apartment. Their tale is all too real. As economist Xie points out, residential prices in China relative to per capita income are far and away the highest in the world. The housing price-to-income ratio in urban China is over 20, which means it takes the average citizen's total wages for 20 years to buy an average dwelling. (By comparison, the highest housing affordability ratio for a U.S. city - Honolulu...