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Global Wealth

Chart: Global Wealth Grew 66% Between 1995 and 2014

Tariq Khokhar's picture

Global wealth grew by 66% between 1995 and 2014 to a total of over 1,140 Trillion dollars. The share of the world’s wealth held by middle-income countries is growing — it increased from 19% to 28% between 1995 and 2014, while the share of high-income OECD countries fell from 75% to 65%. Read more in The Changing Wealth of Nations

 

Governance for a Crowded Planet: The Need to Leap and to Innovate – Part I

Verena Fritz's picture

In March, Jeffrey Sachs published his latest book Common Wealth: Economics for a Crowded Planet – an urgent plea for societies across the globe to reduce and better manage their impact on the earth’s ecosystems if we want to survive and prosper in an ever more crowded world.

As Sachs warns, continuing ‘business as usual’ will make life on our planet increasingly unsustainable. Air pollution and global warming present the biggest risks. But as humans have come to use almost any natural resource intensively, there are also major risks related to the availability of water and of fertile top-soil. At the same time, Sachs argues that we have the technical tools and the economic means to save the planet and to accommodate a rising global population – as well as increasing global wealth and rising consumption in today’s poorer countries.