Globofacts '04

A dozen sets of facts and figures about Globalisation in 2004. What do they reveal and what do they hide?

In 2003 there were around 713 million internet users worldwide. In 2004 there will be about 840m, and in 2005 about 965m.

The average oil price in 2002 was $25. In 2003 it was $27. In 2004 the average price is predicted to be $19 (due in part to increased production in West Africa, Venezuela and Iraq).

In 2001, Mexico and other countries in the Caribbean supplied 47% of brassieres in the US market. China supplied 5%. In 2004, the Mexico/Caribbean share will be 6% and the Chinese share will be 67%.

In 2004 South Africa will see around 750,000 new cases of infections with HIV and around 400,000 deaths from HIV/Aids. By 2010 the number of new infections is predicted to be around 600,000, and the number of deaths nearly 800,000.

A $12 billion upgrading of India’s “Golden Quadrilateral”, the road network linking Delhi, Mumbai, Calcutta (Kolkata) and Madras (Chennai), will be completed in 2004.

The population of Egypt is 73m; its GDP per head $951. The population of Israel: 6.9m; its GDP per head $17,590.

During 2004 the Chinese economy, measured in dollar terms, will draw level with the UK (currently the world’s fourth largest). By 2005 it will be larger (China $1,724bn, UK $1,688bn), but GDP per head in China will still only be about a twentieth of that in the UK. Britain’s share of world trade will exceed all of south Asia and sub-Saharan Africa combined.

In 2004 one third of the Afghan economy – $25bn – will be based on illegal drugs. 90% of the heroin in Europe will come from Afghanistan.

Economic growth in South America is predicted to average 4%. Argentina’s GDP will grow by around 4.9% (following 10.9% contraction in 2002 and 5% growth in 2003).

The top five recipients of foreign direct investment in 2004 will be: the US ($153bn), China ($65bn), Belgium ($55bn), France ($47bn) and the UK ($46bn).

Italy will have 110,000 new octogenarians (people over 80) in 2004. Its government will give parents Euro 1,000 on the birth of a second child. But Italy’s population is forecast to decline by more than 20% within a generation.

The US will spend $399bn on the military. Its allies will spend $219bn. Russia will spend $65bn and China $47bn.

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