Environmental Destruction
Globalization
- Globalization
- strong connection between Europe, Asia, and Northern America
- everything is interconnected
- low-income countries are most affected regarding Covid regeneration
Poverty
- Poverty
- extreme poverty has declined globally
- decreased from 28% to 11%
- 1.7 billion to 767 million
- enrollment rates in primary schools increased
- girl enrollment has risen significantly
- after Covid, more people in extreme poverty than before
- poorer countries hit most
- extreme income distribution in developing countries
- brazil has most extreme distribution
- relative income gain (compared to 1988)
- elephant curve
- best for middle class
- upper middle class → no difference
- top 1% with great improvements
- absolute income gain
- best for top 5%
- top 30% get 70% of all gains
- rise of income inequality
- greatest in united states
- next up UK, then France
- consequences of inequality
- people move towards better opportunities
- more refugees
- massive social costs
Challenge
- balance high income with staying within the boundaries that the earth can provide for a given country/region