Income Inequality Between Countries
The graph shows inequality between countries measured by gini values estimated from countries.
Income inequality between countries. Global income inequality between countries 1960 2013 source. Income inequality is defined as a measure that highlights the gap between different individuals or households disposable income in a particular year and in a given country. From time immemorial income inequality has been a hugely debated matter in the world. Income inequality between countries has improved yet income inequality within countries has become worse.
This is a list of countries or dependencies by income inequality metrics including gini coefficients the gini coefficient is a number between 0 and 1 where 0 corresponds with perfect equality where everyone has the same income and 1 corresponds with perfect inequality where one person has all the income and everyone else has no income. Lecture post week 5 income inequality between countries. The haves and the have nots. Since then inequality between countries has declined.
It is estimated that the. This week we are discussing income inequality within a country. The reading for the week is. Today 71 percent of the world s population live in countries where inequality has grown.
Find compare and share oecd data by indicator. A brief and idiosyncratic history of global inequality chapter 2 and vignettes 2 1 2 7. The consequence of this is that the trend of global inequality is very much driven by what is happening to the inequality between countries.