Download e-book for iPad: The Economist, january 22nd–28th 2011 by The Economist

By The Economist

Unmarried again factor of The Economist journal - January twenty second to twenty eighth 2011 factor with conceal tale "The wealthy and the remaining"

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Additional resources for The Economist, january 22nd–28th 2011

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Pedro II, a 19th-century emperor, would decamp there with his court to escape Rio’s sweltering summer heat. More recently Rio’s rich have done the same, carving weekend palaces from the sheer granite walls and dense forests shouldering towns with noble names like Petrópolis, Teresópolis and Nova Friburgo. Settled by German and Swiss immigrants, these once-quaint villages of gingerbread architecture have turned into bustling cities. Now they are a shambles. This week rescue workers continued to dig in the wreckage after violent summer Better to rebuild somewhere safer storms dumped more than a month’s worth of rain on the sheer slopes of Rio’s serra in hours, unleashing what o cials have called a tsunami of mud.

In recent years their tentacles penetrated deep into Tunisia’s nancial system, extracting sweetheart loans from once-respectable banks. For a society that remains mostly poor or tenuously middle class it was not the possession of big assets that rankled so much as the aunting of baubles, such as the ashy cars and villas in Tunisia’s most exclusive districts. What grated most with Tunisia’s small elite was the upstart rst family’s habit of elbowing out competitors and aunting of power. Giving a cut to one of the favoured circle came to be seen as de rigueur in order to gain a licence or agency quickly.

What is a decent standard of living? Such questions have dogged America’s social scientists for decades. This month the Census Bureau published a preliminary estimate of poverty, using a new de nition. It was 16 years in the making. But it is not quite nished yet. Poverty means di erent things in di erent countries. In Europe, the poor are those Misery, adjusted People living in poverty, % of total, 2009 Official 0 Supplemental Poverty Measure* (SPM) 5 10 15 20 25 30 35 Blacks Hispanics Non-UScitizens Children Urban Rural Total Elderly Whites Source: Census Bureau *Preliminary whose income falls below 60% of the median.

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The Economist, january 22nd–28th 2011 by The Economist


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