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Global income disparity is just as great, with half the world’s population living on $2 a day. The gross domestic product per capita in America is just under $35,000. In other words, average Americans earn 48 times as much as people in the poorer half the world’s population. Corporate CEOs who make upwards of $100 million per year are worth as much as 14,700 people from the world’s poorer half...

Author: By Nicholas F. B. smyth, | Title: What Is the Value of a Human Life? | 12/9/2002 | See Source »

...until fifteen years ago, Mexico had the highest number of indigenous comicbooks per capita in wold, according to Raeburn. However, the numbers have dwindled to less than a quarter what they once were. To keep up circulation many historietas, or "little histories," have moved from romance and westerns to some of the most extreme perversity of any medium anywhere. The Spanish names for this new subgenre must remain unprinted but Raeburn calls them "Ghetto Librettos." Aimed at the Spanish-speaking Pan-American underclasses living "la vida de cuadritos," or the hard life, the popularity of these books has expanded throughout...

Author: /time Magazine | Title: Living La Vida Perversa | 12/6/2002 | See Source »

...indication that the country has a credit rating equal to Botswana's. Part of Japan's quiet confidence comes, no doubt, from the $6 trillion in personal savings its citizens have amassed, thanks to its exceptionally high 13% household-savings rate. That totes out to $150,000 per capita, or nearly two and a half years' worth of the average worker's income per household?making it a massive, self-funded social safety net, insulating the country's citizens, at least to a degree, from the economic turmoil around them. And because many accounts are still government guaranteed, the Japanese...

Author: /time Magazine | Title: Going Nowhere Fast | 12/2/2002 | See Source »

...breaks. In the mid-1990s, Bharti was unable to expand out of Delhi because the company lost bids for licenses in other markets. "People thought we would be a bit player," Mittal says. That proved to be a blessing in disguise. His competitors miscalculated. In a country where per capita income is only about $450, a mobile phone is beyond the reach of most of the population. After bidding high sums to get the licenses, carriers found they were unable to meet overly optimistic revenue projections. They couldn't pay their license fees to the government nor their network-construction...

Author: /time Magazine | Title: Speed Dialing | 11/25/2002 | See Source »

...foreseeable future their main battleground will continue to be Europe, the largest market for Scotch with exports, now worth $1.4 billion annually. For reasons nobody has been able to fathom (unless they've actually tasted ouzo), the Greeks drink more Scotch per capita than anyone else. Equally surprising, the French buy more whisky in a month than Cognac in a year. France remains the largest importer in volume terms, but higher margins make Spain's market more lucrative. Last year it was the world's top market for Scotch in value terms with sales worth $460 million...

Author: /time Magazine | Title: Whisky Business | 11/17/2002 | See Source »

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