Globalisation: who benefits?

In 1993 women contributed the monetary equivalent of more than US$11 trillion worth of unpaid household work to the global economy — equal to more than a third of the world's gross domestic product.

Today, 140 million Indonesians are living below the poverty line. Eight-nine million are surviving on one meal a day.

Microsoft corporation makes US$34 million profit per day. This is what sub-Saharan Africa pays each day in debt service. The cost of meeting basic goals for health, nutritian, education and family planning in Africa would be US$9 billion a year.

The net worth of the 10 richest billionaires is greater than the combined national income of the 48 poorest countries.

From GLW issue 437