Can I read Beware of High-Cost Lending Practices on EtoBox?
Beware of High-Cost Lending Practices by Gil Ricardo is a document available to read on EtoBox.
What is Beware of High-Cost Lending Practices about?
The document discusses how economists at the International Labour Organization calculated the average global wage. They determined total wage bills for 72 countries and divided by the total number of global wage earners to get an average of $1,480 per month, or about $18,000 per year, in purchasing power parity dollars. This average wage is less than half of average wages in countries like the UK and US. The calculation only includes wage earners and misses large numbers of self-employed and others, so it d
- Author
- Gil Ricardo
- Language
- EN