Does anyone know the what is the increasing income gap between the North-South nations?

Question

Does anyone know the what is the increasing income gap between the North-South nations?
North-Industrialized countries
South- the rest of the world.

10 point best answer and please cite your resources!!!!!!

Answer 1

No one is going to know exactly what the income gap is between what is considered the "North" and "South" countries. But, there are a few statistics found on the www.un.org website as well as www.wto.org. First, the industrialized countries have continued, on average, to have a steady rate of economic growth (GDP, PPP) of roughly 5% annually. The unindustrialized, less industrialized, or developing world has continued along at a rate of roughly 3%. While a 2% difference wont seem like much, it is a great significance when you are talking about trillions of dollars. It is difficult to find accurate figures for this type of data because accurate record keeping for economic disparity is a recently new phenomenon. We dont have enough info to calculate much of a trend. But, with the increase in globalization and the fact that 2 billion people live on less than $2 a day, while I sit here making roughly 100 times as much lets you know that it is more than likely increasing.

Answer 2

There was a very good article two weeks ago in the Economist......look for the issue with the swimming girl in the US flag swimsuit and the shart about to eat her. The article points to the fact that this time it is the third world that is likely to pull the world economy.

Answer 3

i might want to imagine it dates lower back to the Crusades. Westerners were taught early on to be intolerant of Islam and, because the we contained in the West all have user-friendly descent from Europe (politically speaking, for sure), the custom has carried on by ability of modern-day. i do not imagine this is beneficial, yet even as human beings get stuck in custom, this is a frustrating habit to break. in case you learn the heritage of mathematics or technology, you'll probable get a better efficient perspective from a tutorial perspective, and, for sure, there are classes that deal especially with Islamic international heritage, yet you're literally best. the advice is there and available, so, we are omitting an substantial area of global heritage from early practise for no sturdy reason.

Answer 4

The World Bank will be able to provide you with the exact figures of poor and rich countries.

Answer 5

I am sure its getting worse. There is no way that these poor developing countries stand an economic chance against giants like the US, EU, and China.