Grotesque inequality. (United Nations Development Program's Human Development Report 1996) From: Multinational Monitor | Date: September 1, 1996| Author: Weismann, Robert | COPYRIGHT 1996 Essential Information, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The "Human Development Report 1996' of the United Nations Development Program revealed the increasing disparity between income and wealth. 89 developing countries in Asia are poorer compared to their status ten yrs. ago. Moreover, the share of the richest 20% of the global population drastically increased compared to the share of the poorest 20%. Similar disparities were observed in the domestic economies of Australia, UK, US and Switzerland.

The richest 358 people in the world - the...

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