Word: capita
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...denounced it as the wicked instrument of foreign powers (a British economist and a U.S. irrigation specialist sit on the board), Nuri es-Said has nursed the program through its first four years with a minimum of political graft. Today Iraq, a land of 80% illiteracy, $84-per-capita income and endemic trachoma, bilharziasis and malaria, stands on the threshold of economic expansion. It took courage to concentrate on long-term investments when demagogues demanded relief here and now. but the first fruits of Iraq's wisdom are beginning to ripen...
...Aramburu has given Argentina an unpalatable dose of austerity to try to clear up the economic mess inherited from Peron. The country's best-known economist, U.N. Official Raul Prebisch, reported that government interference under Peron had crippled economic development and kept the country's average per capita income almost stationary for ten years. He recommended stripping off many controls, e.g., an artificially high peso exchange rate, and taking anti-inflationary fiscal measures. A healthy if painful readjustment is taking place...
...mass migration to the cities has cut the farm population, and per capita farm income has dropped only about 9% from the 1953 peak. Big farmers with enough land and machines to cut costs are hold ing up, while the small, often inefficient farmer is being squeezed...
...estimated that the per capita income was only $45." London's Anti-Slavery Society calculates that as many as a quarter of a million Saudi Arabians may actually be living still in slavery. Yet, taking some sketchy budget figures published a few years ago, Shwadran notes that royal household affairs were allotted $27.9 million, compared with $10.7 million for public health, education and social services combined. The estimates also listed $36 million for defense, $27 million to pay debts, and $44 million for "General Development "without, says Shwadran, providing any "clue as to whether it was for wealth-producing...
...reader may by now guess that I am moving in the general direction of a restrictionist program. Rumors of a rise of tuition have been circulating. It is clear that tuition rises in the last 25 years have been substantially below the gain in real income per capita. But a rise in tuition may result in a decline of quality if not accompanied by restrictions of entry...