Word: per
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Dates: during 2000-2009
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...reasons Asia may not be ready. One of the central goals of an Asian bloc would be to make it easier for China to buy a greater proportion of the region's output as the U.S. fades as an engine of global consumption and growth. But, while China's per capita GDP now stands at about $3,200, up nearly fourfold since 1997, it's still a far cry from U.S. per capita GDP of about $46,000. Moreover, conservative Chinese financial habits are deeply ingrained and driven by the need for "precautionary savings" for medical care...
...Africa (if treated as one entity) are remarkably similar. For example, the African economy has been experiencing similar growth rates to India's of 6% to 7% over the past decade, and will likely see 3% to 4% growth in 2009 - impressive in the current global environment. GDP per capita in Africa is similar to that of India and, like India, the population in Africa is growing and will be similar in size to China's population in several decades...
...Cannes. Last week the indie drama - about a Harlem teenager who is illiterate, morbidly obese and pregnant for a second time by her abusive father - broke records in a very limited opening; this week it took in $6.1 million at just 174 theaters for a wowie-zowie $35,000 per screen. That's how Paranormal Activity started out. Fervently promoted by Tyler Perry (who brought the movie to his distributor, Lionsgate) and Oprah Winfrey, with a plug from George H.W. Bush, Precious has a chance to be a crossover hit, appealing to African-American audiences, the art-house crowd...
...says that the government needs to do much more to accelerate the income growth of poor Chinese if consumer spending is to play a bigger role in the economy. The average Chinese, he says, doesn't have as much cash to spend as many people think. Actual household income per capita is only about half of GDP per capita, compared to 80% or more in other major economies, placing "a cap," Huang says, on consumer spending. The problem is that income growth among rural dwellers and migrant workers badly trails that of residents of the major urban centers creating...
...project called the Affordable Medicines Facility for malaria (AMFm), a controversial two-year program that will drop the price of the recommended malaria treatment in nine malarial countries. In Cambodia, the only country in Asia participating in the program, the price of malaria medication will fall to only $0.05 per dose for distributors. Even with markups down the supply chain, the best malaria medicine will, for the first time in Cambodia, also be the cheapest. (See pictures of the Global Fund's work...