Sunday, December 10, 2006

Richest 2% own 'half the wealth'


The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute.

The report, from the World Institute of Development Economics Research at the UN University, says that the poorer half of the world's population own barely 1% of global wealth.

There have of course been many studies of worldwide inequality.

See full Article.