Cards (3)

  • newfound trading wealth has helped Nigeria get 'promoted' from LIC to NEE status, but this wealth has not been distributed fairly and Nigeria is one of the most uneven societies on earth
  • in general, LICs and NEEs have a high Gni coefficient
  • in 2000, the richest 1 percent of global citizens owed 40 percent of the global assets and the top 10 percent controlled 85 percent of the worlds economic production