Nancy Krieger <[log in to unmask]> on 08/05/2002 01:03:11 PM
To: [log in to unmask]
Subject: Global Disparities Growing
Agence France-Presse reported that a new publication by the U.N.
Industrial Development Organization shows that "The gap between wealthy
and poor countries is growing despite the overall trend of an expanding
global economy"
According to the study, which monitored 87 countries between 1985 and
1998, just 16 of 58 developing countries improved their technological
capacity and 12 countries, including Peru, Zimbabwe, Saudi Arabia,
Jamaica, Ghana and Hong Kong declined in industrial competition, the
report said. Only six countries -- China, the Philippines, Indonesia,
Thailand, Ireland and Egypt -- improved their rank on the scoreboard of
the 87 countries measured.
"The least developed countries, still struggling to meet the basic human
needs of their population, have had their health, social and economic
standards slip over the last few decades," said UNIDO Director General
Carlos Magarinos. "The real per capita of 30 developing countries is
lower today than it was 35 years ago."
In 1950, the wealthiest 20 percent of the global population earned 30
times more than the poorest 20 percent, but by 1990, the gap had grown to
90 times, Magarinos said today in a press conference to mark the launching
of the new report. "Much more must be done to ensure that developing
countries at large can benefit from the process of globalization," he
added (Agence France-Presse, July 30).
(see http://www.unido.org/doc/511836.htmls for a copy of the UNIDO report)
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