Word: poorly
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...Globalization might be creating rich countries with poor people," economist Joseph Stiglitz has noted. That is apparent in South Africa, whose postapartheid government adopted an open-market economy that drew cheers from Wall Street and the international banking community and helped achieve an impressive, steady annual economic growth rate of 4-5%. But that growth has done little to reverse inequality or dangerously high levels of unemployment. In November last year, the South African Institute of Race Relations estimated 4.2 million South Africans were living on $1 a day in 2005, up from 1.9 million in 1996, two years after...
...village, and you're connected with your counterparts from all corners. For those whose journey involves a long truck ride through a desert or a dangerous boat ride across open sea, globalization is often much less forgiving. Millions of people every year seek to migrate, legally and illegally, from poor countries, either to the industrialized world or to more prosperous developing countries such as South Africa. But the poor in the developing world are determined not to diminish the little they have by sharing it with foreign migrants and, like many in the rich world, are erecting barriers to outsiders...
...modern South Korea is a democracy, and a fractious one at that. The country is riven by divisions between rich and poor, old and young, left and right. The society has spawned myriad NGOs, civic movements and ideologically committed political parties that contest virtually every government decision as if the fate of the nation were at stake. No one in power gets a free pass these days: in April, alpha tycoon Lee Kun Hee, chairman of Samsung Group, the country's top conglomerate, was forced to resign after being indicted for tax evasion and breach of fiduciary duty. Under...
...French and the classics from the University of Exeter, said her greatest fear as a recent graduate was failure, adding that she “failed on an epic scale” in her early adult years as an unemployed single mother who was “as poor as it is possible to be in modern Britain without being homeless...
...campaign against modern contraception. In 2000, Mayor Lito Atienza issued an order effectively banning birth control from city-funded clinics. Eight years and a new mayor later, the ban persists. The city's affluent minority buys birth control from private clinics or procures condoms on the sly, but poor women, like Bing, go without...