Credit Suisse, (2016), “The Global Wealth Report 2016”, Research Institute, November
The seventh edition of the Credit Suisse Research Institute’s Global Wealth Report confirms a course of the weak global wealth growth. In the past 12 months, global wealth has risen by 3.5 trillion dollars to 256 trillion dollars, which represents an increase of 1.4 percent. However, wealth creation has merely kept pace with population growth. As a result, in 2016, wealth per adult was unchanged for the first time since 2008, at approximately 52,800 dollars. Among the major economies, the USA and Japan were able to generate substantial additional wealth, while the United Kingdom recorded a significant decline as a result of currency depreciation.
Relevant Posts
- Credit Suisse, (2015), “Global Wealth Databook 2015”, Research Institute, October
- Münch, Richard, (2015), ” The Global Division of Labour-Development and Inequality in World Society”, International Political Economy Series, Palgrave-Macmillan publications, November