Migration in Human History
Migration is not a recent phenomenon. It has been part of the human history since its very beginning. All humans can trace their origins to Africa.
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Peak Oil
Fossil fuels are limited and non-renewable. Around 2010, the world migh have passed the peak in oil production. However, human ingenuity and new discoveries of shale oil and gas have postponed the peak. For how long?
Productivity and Labor Income
Since 1970s, labor income (wages) have decoupled from productivity gains. This suggests than higher share of economic benefits goes to capital holders than to workers.
Poverty in the World
Global poverty rate has been cut in half since 1990. East Asia (mainly China) was the most successful region, followed by South Asia (mainly India) while Sub-saharan Africa is lagging behind.
Income Inequality
The share of 1% richest people in total US household income doubled over the last 50 years. If we zoom we find even more extreme rises in the share of 0.1% and 0.01%.
Winners and Losers of Globalisation
Who benefited the most from globalisation in the last decade? Not only rich people in rich countries but also the middle class in middle-income countries. And who lost the most? Not only poor people in poor countries but also the middle class in rich countries.
Planetary Boundaries
One third of planetary boundaries have already been crossed according to some scientists. This concerns in particular to climate change and the loss of biodiversity.
Global Middle Class
The share of China, India and other emerging economies in the global middle class is projected to surpass 50% by the middle of the 21st century. The European Union and United States will shring to 10% of the global middle class consumption.
Freedom in the World
Good news: The number of countries which respect democracy and human rights has doubled over the last 50 years. Bad news: This trend is not universal and the freedom in the world has stagnated over the last decade.
Oil and Food Prices
There is a strong correlation between oil and food prices. One explanation of this “pass-through” is the rising share of biofuels in the energy mix.