Word: capita
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...firms have moved their offices from Japan to Hong Kong, and foreign investors have been attracted by the fact that the colony has no capital gains tax and a maximum tax on gross income of only 15%. Wages remain low, averaging $13.50 for a 50-hour week, but per capita annual income has risen in three years from...
...Since 1960, the spendable per capita income of the average American - even allowing for higher prices and inflation - has increased by one-third. So has his productivity: 7% of American workers now produce all the nation's food and manufactured goods. Yet unemployment has steadily declined, until it is now at the lowest point in 15 years. While the U.S. worries about the hard core of "unemployables," it has a limitless demand for new skills. In the new information industry, the computer and related fields, 1,000,000 programmers will be needed in the next six years...
...electrification and education, carrying forward many of his father's ideas. Under their leadership, the literacy rate has risen from 25% to 40%, and the number of Sikkimese children in school has quadrupled in the past decade. Government revenues have doubled, road mileage has tripled, and average per-capita income has risen by a third, to $100 a year. This fall, however, monsoon rains set off heavy floods and landslides, causing $28 million in damage-14 times the kingdom's annual budget...
...whole, said Eisenstadt, the standard of living of the Israeli Arabs has risen, and "is probably the highest in the Arab world in per capita income." But "it is hard for them to adjust to the egalitarian society--or the approximation to it--in Israel," he said, and he tells a story he heard after the war to illustrate: "Many Arab notables from the occupied territory visited Jerusalem after the war. The Mayor of Jerusalem showed a visiting notable around the city, and when they returned to the car there was a ticket on it. The Arab asked about...
Mali, a landlocked country in West Africa, is one of the poorest nations on the continent. Annual per capita income is about $40, there is no significant industry, and there are no important mineral deposits. About 95% of the 4,700,000 Malians are subsistence farmers. Mali's exports (mostly cattle and cotton) are minuscule. Trade deficits have been running at an average $20 million annually, and rose to $38 million in 1966. Keita's struggle to impose a socialist economy met with a singular lack of success. Coupled with these problems had been Keita's steady...