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" The world economy increased fivefold between 1950 and 1990. Trade volume grew even more rapidly, from approximately $125 billion in 1950 to $7 trillion forty years later. As for development, the number of people on the earth living in extreme poverty (about 1.3 billion) stayed roughly constant over those years even though global population doubled, from 2.5 billion to more than 5 billion.10 "

Richard N. Haass , A World in Disarray: American Foreign Policy and the Crisis of the Old Order


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Richard N. Haass quote : The world economy increased fivefold between 1950 and 1990. Trade volume grew even more rapidly, from approximately $125 billion in 1950 to $7 trillion forty years later. As for development, the number of people on the earth living in extreme poverty (about 1.3 billion) stayed roughly constant over those years even though global population doubled, from 2.5 billion to more than 5 billion.10