Explaining the differences in today’s global society is a topic that clearly captures the interest of many: as I write this blog, the hardback version of Thomas Piketty’s new book “Capital in the Twenty-First Century” is second on Amazon’s best-seller list. That’s not bad for a pretty hefty book about economics and the distribution of wealth!
Another publication – the 2014 edition of World Development Indicators (WDI) 2014 – was also released in the last few weeks: it’s not likely to reach the bestseller list on Amazon, but it does also reveal some startling differences in the lives of people around the world, and the challenges they face. Here’s one statistic: a newborn child born in Sierra Leone will be 90 times more likely to die before her fifth birthday than a newborn child born in Luxembourg. And the estimated probabilities of dying before five? In Sierra Leone, in 2012, it was 18%, or just under 1 in 5 – the highest in the world. In Luxembourg, that probability was just 0.2%, or about 1 in 500 – the lowest in the world. Since it really is quite shocking, maybe I should repeat it: almost 1 in 5 children born in Sierra Leone will die before they reach the age of five.