Word: capita
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Dates: during 2000-2009
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...world economy, and now they are trying to live like we do," he notes. That emerging megaforce, says Rogers, will put a supertight squeeze on commodity prices across the board, from beef to bullion. For the unconvinced, he pulls out a chart showing the average daily per capita consumption of oil in the U.S. at 0.677 bbl., vs. India's infinitely smaller consumption (0.021 bbl.) and China's (0.049 bbl.). "Even if the Chinese and Indians just start consuming as much electricity as Koreans now do, the price of oil will take off," he says. (See the best business deals...
...most dynamic and rapidly growing region in the world over the past decade, developing Asia has attained a new level of prosperity. From China to India, the region's per capita income has more than doubled since the wrenching Asian financial crisis of 1997-98. Since 1990, over 400 million fewer Asians are living in poverty on incomes of less than $2 per day. On the surface, the region has much to celebrate on the long and arduous road to economic development. Many believe the Asia Century is now at hand. (Read "Fortress Asia: Is a Powerful New Trade Bloc...
...world's greenest countries. It so jealously guards its environment that 26% of its territory is under national park protection, its eco-tourism sector is a $2 billion-a-year cash cow and its forest cover has actually doubled since the 1980s - thanks to more trees per capita being planted there than anywhere else. "Cutting down a single tree in Costa Rica is cause for scandal," says Pedro Leon, head of the administration's Peace With Nature Initiative. (Read how Costa Rica is turning its environment into a luxury tourist destination...
...long been a major Asian trading and financial hub, has for several years aspired to become Asia's premier wine hub. Hong Kong collectors already own 17% of the world's stock of fine wines. But most of that stash - the largest in the world on a per capita basis - has been stored abroad because the city charged an onerous duty on imported wines that at one point reached as high as 80%. Then, two years ago, the market really began to flourish when the government scrapped all wine and spirits duties. To encourage the creation of a local wine...
...American Clean Energy and Security Act of 2009, which the House of Representatives passed in June, requires Americans to lower their carbon dioxide emissions by 83 percent below 2005 levels in 40 years. “That means when you are 61, you will be allowed the average per capita emissions of an American in 1867,” Michaels said. He added that if every country under the Kyoto treaty adopted similar measures, we would prevent just seven percent of the warming that the UN predicts will occur...