Furthermore, a 2009 report showed that one in five people living in relative poverty and in 2010, Vietnam's average life expectancy was 74 years of age. ... The distribution of income across an economy can be visually represented through the Lorenz Curve, as seen in the below: An example of the unequal distribution of the benefits of globalisation can be seen through how 80% of the population earn their incomes from primary industries, which as an industry contributes a mere 20% to total output. Furthermore, there is inequality between geographical regions as those living in the South, wh...

• Word Count: 1293
• Approx Pages: 5
• Grade Level: Graduate

But whatever the efforts the number of people living below the poverty line in the country has swelled by millions in recent years19. ... The goal is not to improve upon figures of rate of inflation, per capita income, gross domestic product, and the like, but the aim is to improve the living conditions of the people and bring about over all development....

• Word Count: 1345
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Many of these countries are located below 20 degrees latitude. ... If distance and geography did not matter for economic development, the world would witness a much more even distribution of wealth and standards of living across regions and countries. ...

• Word Count: 1264
• Approx Pages: 5
• Grade Level: Undergraduate

Whatever the specific components of this better life, development in all societies must have at least the following objectives. 1- To increase the availability and widen the distribution of basic life-sustaining goods such as food, shelter, health and protection. 2- To raise levels of living including in addition to higher incomes, the provision of more jobs, better education and greater attention to cultural and humanistic values, all of which will serve not only to enhance material well-being but also to generate greater individual and national self-esteem. 3- To expand the range of econ...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate

One of these reforms is a fiscal rule implemented by president Santos in which public-sector debt has fallen to below one percent. ... As a result, the national income level as well as people's standard of living is improved. ...

• Word Count: 1528
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate