Word: capita
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...country where per capita annual income remains below $2,000, OCT East's $20 entrance fee is an extravagance for many. Still, a local visitor, Zhang Zihua, says she'll return. "I want to bring my daughter," Zhang says. "I want her to work hard to travel to Europe when she's older." To lure the 10-year-old, Zhang is taking home an irresistible souvenir: a box of imported Swiss chocolates...
...that the NEP has outlived its usefulness and has been hijacked by a Malay ruling élite that uses the race-based policy to secure sweetheart deals for themselves while leaving poor Malays in the dust. Indeed, the World Bank estimates that despite Malaysia's impressive $10,000 per capita annual income, the country is burdened with the largest income disparity in all of Southeast Asia. "The Malays are being let down by their own people," says Transparency International's Navaratnam, "because the rich are getting richer while the poor are staying the same...
Chile, meanwhile, seems to be doing everything right. Though it is small (pop. 16 million), its GDP is $145 billion, one of Latin America's highest per capita, and is expected to grow more than 5% this year with little inflation (though recent labor and student protests indicate Chileans want a larger slice of that wealth). Its size precludes large-scale manufacturing, so it heavily promotes value-added industries for its myriad commodities, like copper and timber. Compañía Sud Americana de Vapores, Latin America's largest maritime-transport concern, reflects how Chile has turned itself from a hemispheric...
...most of the developed world, globalization is a deeply fraught topic. Not in Denmark. There, 76% of respondents in a recent poll said globalization was a good thing. And why shouldn't they? Living standards in Denmark are among the highest in the world. Per capita income trails that of the U.S. but is distributed far more equally. Unemployment is just 3.1%. The country exports more goods and services than it imports. And while only two Danish corporations (shipper A.P. Moller-Maersk and the Danske Bank) are big enough to make the FORTUNE Global 500 list, Denmark has more than...
...more vulnerable to habitual gambling. The cliché that Asians, and Chinese in particular, love to gamble appears to have anecdotal and statistical support. Hong Kong - which bars casinos but has a $13 billion horse-racing, lottery and sports-book industry - has one of the highest per capita betting averages in the world (about $2,000 annually), according to figures from the Hong Kong Jockey Club. And rates of addiction appear to be higher. A 2004 study by psychiatrists at the University of Queensland found that Chinese were almost 50% more likely to develop a gambling addiction than Caucasians...