SWS 2007 Lecture 6: Lecture 6
Document Summary
Major factors causing increasing water demand over the past century. Agriculture accounted for the most freshwater withdrawal in developing economies in the past two decades. Growth trajectories were rising in many developing economies, including the bric countries: china, russia, india, and brazil. The world bank suggests that the global economy could double by 2030, spurred by developing countries. Under that scenario, the bank estimates that by 2030, 1. 2 billion additional people in developing nations will be part of (cid:449)hat it ter(cid:373)s that glo(cid:271)al (cid:373)iddle (cid:272)lass. Just 4 percent of urban chinese households earned between ,000 and. That number grew to 64% in 2012 and it is expected that it will grow to 70% by 2022. 30-fold increase in consumer spending between 2006 and 2014. Currently, more than 400 million have been issued. In 2005, there were 13 million spending credit cards in china.