Inequality in the Knowledge-Based Economy

December 17, 2008

I’m working on a short article about this topic and was crunching some World Bank Development Index numbers today.

The payoff for you, dear reader, is the following factoid of the day:

From 2000-2008, approximately $97 out of every $100 earned internationally from licenses or royalties was paid to a high income OECD country. In contrast, Latin American and Caribbean countries combined to earn $0.005 (yes, one half of one cent) out of that same $100.

Got that? $97 vs. $0.0o5!

The moral of the story: cheap laptops and broadband are only the tip of the iceberg.

Eat your heart out ICT4D community.

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