Monday, April 15, 2013

The End of Power: How wealth, health, cheap flights, and prepaid phone cards are undermining authority across the globe

Reason reports:
Since 2000 child mortality has decreased by more than 17 percent worldwide, and child deaths from measles dropped by 60 percent between 1999 and 2005. In developing countries, the number of people in the “undernourished” category decreased from 34 percent in 1970 to 17 percent in 2008. The World Bank reckons that since 2006, 28 formerly “low-income countries” have joined the ranks of “middle-income” ones. These new middle classes may not be as prosperous as their counterparts in developed countries, but their members now enjoy an unprecedented standard of living. The Brookings Institution’s Homi Kharas, one of the most respected researchers on the subject, told me: “The size of the global middle class has doubled from about 1 billion in 1980 to 2 billion in 2012. This segment of society is still growing very fast and could reach 3 billion by 2020.”