Word: capita
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Year the U.K.'s GDP per capita lagged 34% behind the U.S. average, in the wake of Britain's last major recession...
...grew by 9.6%, the World Bank named Georgia the top reformer in the world. Its officials forecast growth of 14.5% in 2007. The Georgian government boosted revenues by tightening up the administration of the tax system. Private investment went up and there has been a crackdown on corruption. Per capita income is up from $700 a year in 2003 to the current figure of $1,500. The most astonishing achievement was Saakashvili's reform of the traditionally corrupt police forces. He disbanded the entire Ministry of the Interior - with recruitment based on the western testing system. It may come...
...Justin Fox wrote a very good article on Denmark. He noted that the country's per capita income trails that of the U.S., but salaries here tend to be higher than those in Britain. And while it might be easier to fire a worker in Denmark than elsewhere in Europe, companies must follow strict rules that require advance notice of termination. Fox was correct in observing that most workers assume more responsibility than do their fellow Europeans. I have been a resident of Denmark since 1989, and I have no desire to return to Britain. John Barton, Vejle, Denmark...
...down in the dumps? Move to South Dakota. In its new state-by-state rankings based on the prevalence and severity of depression, the nonprofit Mental Health America found that places like the Dakotas and Hawaii fared better in part because they have more psychiatrists and social workers per capita as well as more residents with health insurance. Says psychologist David Shern, the organization's president and CEO: "Access is the moral of this story...
...arrival, Venezuelans have witnessed both the deepening of their country’s democratic fabric, as well as the concentration of power in the persona and the position of the presidency. This first trend deserves to be celebrated. Through his government’s aggressive social programs (real per capita social spending increased by 30 percent% from 1998 to 2004) , Venezuela’s pernicious levels of inequality and poverty are being engaged, even if gradually. Perhaps more impressively, communal councils and workplace cooperatives (as of 2006, 100,000 cooperatives employing 700,000 workers) have sprung up in an ambitious...