Do 85 rich people have same wealth as half the world?

News
  • 2014•03•19     BBC News Magazine

    Excerpt from the BBC News Magazine article:

    There is a problem with Oxfam’s comparison because counter-intuitively, low wealth does not mean you are poor, says Dr Anthony Shorrocks, former director of the United Nations University World Institute for Development Economics Research, and one of a number of respected economists behind the Credit Suisse report.