Consumption in a Global Village – Unequal and Unbalanced

World consumption expenditures, private and public, have expanded at an unprecedented pace, doubling in real terms in 25 years to reach $24 trillion in 1998. This expansion has propelled considerable advances in human development.

Consumption in a Global Village – Unequal and Unbalanced’, UnitedNationsDevelopment Programme UN Human Development Report (New York: Oxford University Press, 1998), pp. 46–65. Reprinted by permission of Oxford University Press, Inc.
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