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What is the missing “X” percent?

PLEASE HELP ME!

I have a current statistic on global income, but I need one on global wealth. What I mean by “wealth” can include income but also includes assets like real estate and who owns big businesses. It’s not just based on one’s income.

Please cite your source, and have the information as current as you can possibly find it.

2006-10-29 16:17:42 · 3 answers · asked by Am 4 in Social Science Economics

Eeek ... for me to use it I need an actual source!

Oh and for the first dude who answered this...
I'm saying for example "10% of the world's population owns 80% of the world's wealth". As in X% of the global population owns X% of the world's wealth (or resources, however you'd like to look at it).

I do not need USA, I need WORLD... I can find the figures for the USA ... but I'm having trouble finding the world... unless it's all in raw data, and I just can't make sense of all of that data, plus I hate doing math LOL!

2006-10-29 16:56:42 · update #1

“Pat” I have to say some of the info in those three links are kind of helpful, and I thank you so much for giving me the income statistics. However, I have to say “rosemary” ended up helping me the most. I searched for that phrase and to my surprise came up with abundant and great sources. Indeed, it turns out that 20% of the global population owns 80% of the world’s resources which can be described and seen as wealth. Thank you again! This and the income figures are all that I needed, I am very grateful. This will immensely help the cause that my project is aiming to aid/advocate. Thanks!

2006-10-29 19:24:39 · update #2

Why in the world do I have to wait 4 freakin' hours to pick best Ans when it's been 3 and I've decided now... this is so not cool... (folks, I've already decided so move on to another Q)

2006-10-29 19:26:49 · update #3

3 answers

20% of the world's population owns 80% of the world's wealth. It was from this Italian guy; can't remember his name, but heard it in Econs lesson. Sorry...

2006-10-29 16:36:49 · answer #1 · answered by rosemary 3 · 0 0

The United States represent 25% of the gross world product. Canada is about 5% of this, and just as rich.

We Americans are thinking about a tax on the Chinese, who own about 15% of our national debt. A carbon tax, since we Americans are thinking of taxing others who dump bad things on our continent. Notwithstanding the Chinese debt, they will find it proper to stop polluting.

2006-10-29 16:30:39 · answer #2 · answered by Anonymous · 0 0

Sorry that I did not completely answer your last question. You are right to insist that wealth is different than income. It is harder to estimate wealth than income, so the amount of information on wealth is much harder to find than income. Try this site at the world bank. I could only find info on regions of the world and a few select countries. I hope this is what you are looking for. Also try looking at the IMF they might have some stuff. The site here only look at at capital wealth and natural wealth. I have no idea where to look to find out what business owns what. I wish you the best of luck in continued research.

http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/ENVIRONMENT/EXTEEI/0,,contentMDK:21004794~pagePK:210058~piPK:210062~theSitePK:408050,00.html

http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/ENVIRONMENT/EXTEEI/0,,contentMDK:21004442~pagePK:210058~piPK:210062~theSitePK:408050,00.html

http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/ENVIRONMENT/EXTEEI/0,,contentMDK:20487828~menuPK:1187788~pagePK:148956~piPK:216618~theSitePK:408050,00.html

2006-10-29 18:07:17 · answer #3 · answered by Just Wondering 3 · 0 0

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