In an article for the “In Focus” section of Political Insight (April 2013, Volume 4, Issue 1) Danny Dorling and I looked at the global geography of wealth. The map that I created for this feature displays data published by Forbes Magazine in spring 2012 (updated annualy). For 2012 Forbes counted 1153 billionaires across the globe (this figure includes families, but excludes fortunes dispersed across large families where the average wealth per person is below a billion). The total wealth of the billionaires was US$3.7 trillion – as great as the annual gross domestic product of Germany. Top of this league table is the US with 424 billionaires (or billionaire families), followed by Russia (96) and China (95). The following cartogram animation shows, how the distribution of billionaires and the distribution of their total wealth compares. Although there are only small changes between the two maps, it is quite apparent that the wealthiest in the wealthier parts of the world accumulate slightly higher shares of wealth than those living in the emerging economies such as China (though this may be some of the less worrying inequalities that exist globally):
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Looking at similar data collected by WealthInsight (extracts published in the Guardian newspaper) – which published more detailed statistics on the geographic distribution of 521 of the wealthiest billionaires – we can see that the plutocrats’ global city of choice is Moscow with 78 billionaire residents, followed by New York City (58), Hong Kong (40), and London (39). The most attractive place for foreign wealth appears to be the United Kingdom with 15 different nationalities represented in the richest of the rich there. This tops even Switzerland (14 nationalities) and the United States (9).
Much of the wealth of billionaires is held offshore and their wealth is the tip of an iceberg of hard-to-tax personal assets. In a recent Tax Justice Network report (pdf), James Henry estimated the overall global offshore financial assets held by the world’s richest to be between US$21 trillion and US$32 trillion (out of the total global wealth, estimated at US$231 trillion). Nearly half of these offshore assets are owned by the world’s richest 91,000, just 0.001% of the global population.
The distribution of this wealth is a story of extreme inequality. For each billionaire there are millions of people who can only ever dream of such wealth – the ratio is only slightly smaller in the richest countries of the world: in the USA one billionaire can be found for every 740,000 people, while in India one billionaire is found amongst every 26 million people.
Over time the inequalities in the distribution of global wealth have become ever more polarised. According to a 2006 study by the United Nations University (UNU-WIDER), half of all global household wealth was owned by the richest 2% of adults. The poorer half of the world’s population owned just 1 per cent of the global wealth between all of them. Their distribution is the reverse image of the wealth maps shown here.
But it is not only wealth inequality that becomes very apparent in these numbers. The gender gap is large among the rich: Of the countries with more than 10 billionaires, Sweden is the most equal. But even here only 27% of billionaires are female, followed by Germany (20%) and Brazil (19%). Russia, home to the second largest number of billionaires, only has one woman in the ranking, and the USA is not much better with only 10% of the country’s billionaires female. 37 of the 59 countries shown here have no female billionaires at all.
While much of Europe has been denied a white Christmas, many of us were still having a white snow cover while the clocks went forward for ‘summer’ time this weekend. But although it appears that this winter is never-ending, it mainly comes very late this year. The coldest of temperatures and the main snowfall arrived in February and March, while the early winter months were even above average in some areas of central Europe.
Regular observations are collected regularly by the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA’s Terra satellite, which records data about the land surface temperature (i.e. “how hot the ‘surface’ of the Earth would feel to the touch in a particular location“, a different measure than the air temperature we see on the weather reports every day). This map shows the land surface temperature anomaly this March compared to the average temperatures from 1951 to 1980 projected on a gridded population cartogram where every grid cell is resized according to its total population. The projection used in this visualisation shows, how the world’s population was exposed to the temperature anomalies in the late spell of winter last month:
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What is it about London? Population growth is slowing across most of Europe – people are having fewer children and, it could be argued, steps are being taken to try to reduce social inequalities. But London is unusual. London continues growing, and London is becoming more youthful. The middle aged and those who are poor, but not desperately poor, are being squeezed out. Graduates from the rest of Britain and the rest of the world flow in ever greater numbers and require ever higher degrees of optimism. Many fail to achieve their aspirations. Above them a few are becoming ever richer. Below them, as private rents and social housing becomes too expensive for huge numbers of lowly paid families and many leave, a new poor may be growing, less well documented, less well protected, with even less to lose.
With a population of currently 8.2 million (according to the 2011 Census), London is not only unique for one of the old world’s megacities by being projected to continue rising significantly in population size over the forthcoming decades, but also by its specific demographic structure. Like many large cities, London has a large share of people in the younger age groups – over 20% in the cohorts from 25-34 – but also a significant share of the youngest with around 7% of its population being 0 to 4 years old. Here is a population pyramid of London compiled from the 2011 Census data that has been released recently: Continue reading
No more bread and circuses: London 2012 has turned into history while the Paralympic cauldron has been extinguished in a ‘Festival of Flame’. Just about time for a final roundup of the statistics of the games and the last maps that were still missing.
In the United Kingdom the spirit of the Olympics lived on in the Paralympics as created a similar media coverage (which has less been the case in many other countries). A lot of the public debate in Britain in the final debate of the Paralympics focussed on an increased relevance of the games – and that the results have started getting an equal importance as the Olympic medal counts. As already noticed at the Vancouver winter games, a comparison of the results showed some interesting differences in the achievements of the participating nations. This is shown in the following map animation of two cartograms showing each country’s share in the total medal counts (switching between the Paralympics and the Olympics 2012):
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Changing times was the title of a session at this year’s Annual Symposium of the British Cartographic Society (not to be confused with the Society of Cartographers which will have its annual conference in September).
My contribution as a speaker in this session was titled Changing views of a changing planet. In the presentation I took a look at how changes in data and technology can provide alternative ways of mapping a globalised world, and mapping cities as the hotspots of globalisation. Continue reading
This April has been the wettest April on record in the UK, while parts of the country are also in official drought – leading to headlines of the wettest drought on record.
The miserable weather was (is) a good opportunity to finally produce a high-resolution version of the map series that I created during my PhD research and which I presented at last year’s conference of the Society of Cartographers in Plymouth. Continue reading