Word: capita
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Dates: during 1960-1969
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...gazelles? Yet the whole Gulf region is estimated to have some 60% of the free world's proven oil reserves, and the Trucial States are sitting on a good deal of it. After only six years of pumping oil, Abu Dhabi has the world's highest per-capita income...
...purse strings. The average teacher salary in Florida is $6,660, which is $660 below the national norm. And while Florida is growing rapidly in population and wealth, it is actually slipping in the share of state revenue devoted to education. It ranks tenth among the states in per-capita income, but at $523 per pupil, ranks 37th in what it spends on the schools. Ten years ago the state contributed 59% of the cost of the schools; last year this had shrunk to 42%-and many counties have been hard pressed to make up the difference...
This widening gap doesn't just mean the developing nations are getting rich more slowly than the industrial nations. For many Asian countries the next 30 years will actually bring a lower per capita income and standard of living as birth rates outstrip economic growth...
...Peace Corps, for any economist will note that 14,000 Volunteers will hardly scratch the surface of the problems between present and peace. One thousand Volunteers in India are too few for final solutions; therefore they aim at "confrontation rather than solution." Yet on a proportionate per capita basis, Botswana would merit only two Volunteers rather than the eighty British and American Volunteers it now requests and uses. Thus a concern for growth is a function of a quest for impact: if peace is at issue, impact is imperative...
...highly unexpected places, sometimes for unique reasons. The Irish Republic last year enjoyed its first surplus - about $6,000,000- since 1961, thanks greatly to rising exports of textiles, food, refined petroleum and metal ores. Impoverished Tanzania achieved a $28 million payments surplus in 1966, despite its per capita annual income of about $65, because administrative bottlenecks and manpower shortages delayed government spending...