WM 760 Readings in Missions: Wealth Creation For Holistic and Societal Transformation
This course will introduce wealth creation and its importance for global mission and the church so that learners and leaders understand how wealth creation contributes to the holistic transformation of people and society.
The World Development Indicators is a compilation of relevant, high-quality, and internationally comparable statistics about global development and the fight against poverty. The database contains 1,600 time series indicators for 217 economies and more than 40 country groups, with data for many indicators going back more than 50 years.
Half of the world’s wealth is now owned by the top 1%, according to a recent Credit Suisse report.
The extent of global inequality represents a challenge to societies across the world, as governments and international organisations look to encourage inclusive and sustainable growth. The World Bank estimates inequality in countries around the world using the GINI index – a measurement of the extent to which income deviates from a perfectly equal distribution. On the scale, 0 represents perfect equality and 100 would represent total inequality. The following chart shows 2013, or nearest year, data.
Inequality.org has been tracking inequality-related news and views for nearly two decades. A project of the Institute for Policy Studies since 2011, our site aims to provide information and insights for readers ranging from educators and journalists to activists and policy makers.
Our Inequality.org contributors come from the United States and around the world. Our focus throughout: What can we do to narrow the staggering economic inequality that so afflicts us in almost every aspect of our lives?
If you would like to support and help expand our work, please consider making a donation. Thank you!
This entry is concerned with extreme poverty. The World Bank is the main source for global information on extreme poverty today and it sets the ‘International Poverty Line’. The poverty line was revised in 2015—since then, a person is considered to be in extreme poverty if they live on less than 1.90 international dollars (int.-$) per day. This poverty measurement is based on the monetary value of a person’s consumption. Income measures, on the other hand, are only used for countries in which reliable consumption measures are not available.
Maps Showing Global Inequality: From the World Economic Forum