INFOGRAPHIC CONTACT SHEET W07 Issue Date: 2013.02.16 1/2

INFOGRAPHIC CONTACT SHEET w07 Issue date: 2013.02.16 1/2

City D Spreading the wealth RUSSIA To them that have N St Paul’s Cathedral Yalu River Greater London E Mayfair Argentina’s: Government spending on care for older people T ames Beijing S Th average monthly public pension, 2011 pesos, ’000 Punggye-ri Hyde E Dandong by wealth quintile under different systems th Bank (nuclear test site) Park W u number of people receiving pension benefits*, m in 2025-26, 2012-13 prices, £bn London So Pyongyang NORTH KOREA Eye Waterloo 6 N 5 Seoul Current 5 A SOUTH KOREA Reformed Palace of Westminster P 4 4 A Tokyo CHINA J 3 3 American Shanghai Battersea 2 Power Embassy Kennington E a s t 2 Station Site Vauxhall 1 Chelsea C h i n a LAMBETH 0 S e a PACIFIC 1 2001 03 05 07 09 11 12 OCEA N 0 Nine Elms Sources: Catholic University *Excluding pensioners who Senkaku/ Battersea Nine Elms of Argentina; national received less than 1,000 pesos a Diaoyu Lowest 2nd 3rd 4th Highest (proposed) Current Battersea (proposed) Northern line statistics; The Economist month in benefits in 2000 Islands 750 km Source: Department of Health TAIWAN Proposed WANDSWORTH 1 km extension

Strange and ingenious Why they move The Italian price US and them Total merchandise trade, $trn Youth unemployment Unit labour costs, 1999=100 Adult population without formal banking % of population age 15-24, 2012 % of: 4 140 poorest 20% total 0 10 20 30 40 50 60 Spain 0 10 20 30 40 United States Greece* 130 Italy 3 Italy Spain 120 Portugal China France United States 2 Portugal 110 Italy Greece 100 Ireland 1 Ireland Germany Canada France 90 0 1999 2001 03 05 07 09 11 Spain 2000 02 04 06 08 10 12 Germany Source: OECD Estonia Source: CEIC Source: OECD *Q3 2012 Interactive: Explore our guide to Europe’s troubled Japan economies at Economist.com/euroguide13 Britain Sweden Source: “Measuring Financial Inclusion”, by Asli Get your free carbon here Demirguc-Kunt and Leora Klapper, World Bank, 2012 EU ETS carbon spot price, ¤ per tonne Catch up and fries 25 160 countries (excluding energy exporters), 1950-2010 Annual average ten-year growth Slowdowns in GDP growth 20 rate of GDP per person, % 3.0 100 Lagging the Americans 15 Number of slowdowns Price-to-book ratio* 2.5 80 10 Probability of Goldman Sachs Barclays 2.0 a slowdown, % JPMorgan Chase Deutsche Bank 60 2.5 5 1.5 40 2.0 0 1.0 2008 09 10 11 12 13 1.5 20 Source: Thomson Reuters Point Carbon 0.5 1.0 0 0 1 10 20 30 40 1 10 20 0.5 Initial GDP per person, $’000* GDP per person, $’000* 0 Sources: Penn World Tables; The Economist *Purchasing-power parity at 2005 prices 2007 08 09 10 11 12 13 Source: Thomson *Firm’s share price divided by the A gap in the market Reuters book value of its equity per share Indian five-year interest rates, %

10 Government bonds Corporate cash piles 750 km 8 Net cash of listed companies*, $bn Mediterranean Sea Dec 31st 2012 or latest Alexandria IRAQ IRA N 6 0 20 40 60 80 100 120 140 Interest-rate swaps Cairo 4 Apple 335 Nile China Mobile 59 LIBY A EGYP T Aswan 2 Aswan dam Microsoft 82 Lake Nasser SAUD I R 0 Google 76 e d ARABIA Wadi Halfa 2003 04 05 06 07 08 09 10 11 12 13 Cisco Systems 65 S e Source: Bloomberg a Qualcomm 189 CHA D SUDAN General Motors 42 Khartoum Blue ERITREA YEMEN Nile Oracle 44 DJIBOUTI Addis Samsung 15 Ababa Surgutneftegas 34 White SOUTH Nile ETHIOPI A C.A.R. y CNOOC 19 SUDAN Juba e

Chevron 6 l SOMALIA UGANDA l f Intel 20 Sea Galilee % of capital Kampala a KENYA Med. ISRAEL Coal India employed 82 J V o

r Nairobi Jenin d

a RWANDA n Sea

Tulkarm Tubas Sources: Bloomberg; *Excluding financial and CONGO Qalqilya Nablus Tel Aviv WEST The Economist Lake t Mombasa Source: B’tselem Ariel insurance firms Salfit Victoria BANK MOUNT BURUNDI f pre-1967 border Ramallah INDIAN GAZA Jericho SCOPUS Dodoma STRIP i TANZANIA Bethlehem OCEA N JerusalemGush Etzion R Gaza Hebron D e a d East S e a Jerusalem MALAWI Rafah West Israeli ANGOLA 75 kmsettlements Jerusalem OLD CITY Current shale NORTH Hardly lavish WplayASHINs GTON DAKOTA JERUSALEM Basins MONTANA Minimum wage as a % of median wage* Source:EIA SOUTH 70 ISRAEL DAKOTA OREGON IDAHO WYOMING NO MANS C 60 LAND A NEBRASKA L NEVADA France I F UNITED STATE S 50 e Beit O in Britain l R UTAH COLORADO KANSAS Care for the elderly stice Safafa † 1949 Armi N Spending by quintile 2025-26, £bn* Givat 40 WEST I Current system Reformed system Matos A NEW United States (Tabaliya) BANK TEXAS Japan E Monterey MEXICO

a Santa 4 W formation JERUSALEM Gilo s ARIZONA 30 e t Maria Proposed s t J e Los Angeles 2 road J r usal eru em L BOUNDA sale PACIFIC 1999 01 03 05 07 09 11 MUNICIPA m 0 OCEAN † Lowest 2nd 3rd 4th Highest RY Sources: OECD *Full-time workers Estimated US 500 km MEXICO The Economist ratio in 2015 with $9 minimum wage *2012-13 prices 2 km INFOGRAPHIC CONTACT SHEET w07 Issue date: 2013.02.16 2/2

Safe food, nervous shoppers Rich wrists wear Swiss Bargain Carrefour shares, 70% off Big cats roar, fat cats snore 1 Gastrointestinal infection mortality Watches, main exporting countries Carrefour’s share price, ¤ GDP*, % change on previous year Per 100,000 population*, England and Wales Average unit price, $, 2011 PLASSAT APPOINTED AS CEO Asia (excluding Japan) Latin America 140 0 50 100 150 200 Units, m 75 Sub-Saharan Africa North America Men ATTEMPTED TAKEOVER OF PÃO DE AÇÚCAR (excluding South Africa) EU-27 120 Switzerland 685 30 DURAN FIRED AS CEO, 12 OLOFSSON APPOINTED 60 100 France 7 9 45 80 United States 7 6 60 Germany 15 30 BLUE CAPITAL 3 Britain 5 BUYS STAKE 40 15 + Women Hong Kong 403 0 20 – 0 China 682 3 0 2000 02 04 06 08 10 1213 1900 20 40 60 80 2011 Source: Federation of the Swiss Watch Industry Sources: Thomson Reuters; The Economist 6 Source: Office for National Statistics *Age-standardised 2000 02 04 06 08 10 12 Sources: IMF; The Economist *Weighted averages

Putting the “red” into red capitalism No longer on hold 2 Profit/loss per barrel of oil refined Mobile-phone and internet penetration in Africa Q1-Q3 2012, $ Mobile-phone subscriptions Internet connections Yen per dollar % of population* Per 100 households Inverted scale 2– 0+ 2 4 6 8 80 4 75 Chevron 80 ExxonMobil 60 3 Sinopec 85 Source: Deutsche Bank 40 2 90 95 20 1 AS ON D JF 2012 2013 0 0 Source: Thomson Reuters 2003 04 05 06 07 08 09 10 11 12 *Many Africans have no phone, Source: ABI Research some have several

A rough guide to offshore 1 Big spenders 2 Boxes are for ticking 4 Doing it by the book 3 Selected financial centres Stock of foreign direct investment Tax-treaty agreements* Compliance with Financial Action Task Force 49 standards* in China, by selected offshore signed by tax havens Number with which fully or largely compliant financial centres, 2011, $trn With other With other 0 5 10 15 20 25 30 35 40 45 49 Bermuda Reinsurance giant; has lost ground in funds tax havens countries Barbados 0.3 Britain Shell companies/partnerships; funds from British 400 Guernsey (2010) dependencies routed through City of London Seychelles 0.4 Jersey (2008) British Virgin Incorporation hub; strong links to China 300 Islands Bermuda 0.7 Singapore (2008) Cayman Islands One of the more diversified; strongest in hedge funds Mauritius 1.1 United States (2006) 200 Channel Islands Jersey big in trusts/banking; Guernsey ahead in Cayman Islands (2007) insurance/private-equity funds Samoa 2.1 100 Isle of Man (2008) Cyprus Under EU pressure to explain heavy use by Russians Cayman Islands 2.2 Britain (2007) Dubai Wannabe Switzerland of the Middle East 0 Switzerland (2005) Isle of Man Banking, companies and life assurance; more transparent 2004 06 08 10 12 than Jersey British Virgin *Includes amendments to China (2007) Islands Source: OECD existing agreements Liechtenstein Known for trust-like Anstalts and ties to Switzerland 9.7 Japan (2008)

Luxembourg Hub for corporate tax avoidance and offshore funds Russia (2008) Marshall Islands Strong corporate secrecy; shipping hub; links to US Bermuda (2008) Mauritius Used for investment in India; targeting Africa Greece (2007) Monaco Long-standing tax haven, popular with Europe’s elites Luxembourg (2010) Panama Specialist in foundations/shells; its leading law firms are giant incorporation factories Argentina (2010) Samoa Up and coming thanks to regulatory flexibility; holding Sources: Financial Action Task Force; *Date in brackets represents year companies used by Asian investors Source: National Government of Jersey of latest FATF peer review Seychelles At the shadier end; used by Russians, Africans Bureau of Statistics China Singapore Rising star in wealth management, trusts Switzerland Still the leader in offshore private banking, but under intense pressure to reduce secrecy United States Offshore banking in Miami; corporate anonymity in Delaware, Nevada, etc Winners and losers 5 Source: The Economist Change in banking deposits as % of total offshore deposits, 2007-11

2.38 2.26 1.92 Netherlands Isle of Switzer- Luxem- 0.28 0.20 0.64 0.55 0.53 0.12 0.1 0.05 Antilles Bahrain Guernsey Man land bourg Jersey Hong Cayman Singapore Belgium Austria Cyprus Panama Chile Malaysia Macau Bahamas Bermuda 0.11 0.15 0.58 Kong Islands (no change) 0.36 0.92 1.60

Source: “The End Of Bank Secrecy? An Evaluation Of The G20 Tax Haven Crackdown”, by Niels Johannesen and Gabriel Zucman 4.21

Sources and sites of private offshore wealth Number of incorporated 2011, $trn companies Origin: North America Europe Asia-Pacific Latin America Middle East and Africa December 2012 or latest, ’000 0 0.5 1.0 1.5 2.0 Companies per 100 population Switzerland

Britain, Channel Islands & Ireland Hong Kong 1,045 15 Caribbean & Panama Location of hedge funds by domicile Hong Kong & Singapore % of total, January 2013 Cayman United States Islands 38 Delaware 35 Delaware 945 104 Luxembourg

Other Total number British Virgin of hedge funds: 473 1,995 Islands Small offshore financial centres* 6,999 % of world total, 2007 Cayman 92 161 Population 2.0 Other 7 Luxembourg 6 Islands GDP 2.5 Bermuda 2 Ireland 5 Jersey 33 34 Total financial assets and liabilities 8.6 United States 3 British Virgin Islands 4 Bermuda 17 25 Sources: Boston Consulting Group; Preqin; “Cross-Border Investment in Small International Financial Centres”, by Philip Lane and Gian Maria Milesi-Ferretti, IMF, 2010; Conyers Dill & Pearman; UN; The Economist *32 small financial centres