I was Googling some interesting graphs/pics to use in my Global Econ class this week (we’re learning about development policy and poverty traps), and came across this graph, posted by Todd Moss at the Center for Global Development.
After doing the math, you realize that his fridge uses eight times more energy in a year than the average person in Ethiopia does.
Now that is an economic gap!
Think of what that implies about these country’s energy infrastructure…and what a strain it will be if these states try to modernize and adopt more energy-hungry machines and appliances. Will these countries follow a similar trend of India, which has been seeing increasing power outages in recent years, including a 2012 blackout that left 670 million people with no electricity?