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A quarter of a century ago the average disposable income of the richest 10 in oecd countries was around seven times higher than that of the poorest 10.
Income gap between rich and poor. The number of poor people in a country and the average quality of life depend on how equally or unequally income is distributed across. To understand how many inhabitants of a country are poor it is not enough to know a country s per capita income. By kevin peachey personal finance reporter. Even piketty admits that the gap between the poor and the rich has not grown for most of the twentieth century.
At the same time he does criticize the fact that inequalities in terms of. Gap between rich and poor. Updated february 11 2017 infoplease staff. The covid 19 pandemic will widen the gap between the rich and the poor especially in the emerging markets and developing economies the international monetary fund imf has said.
The gap between rich and poor income inequality is rising. Washington the expanding gap between rich and poor is not only widening the gulf in incomes and wealth in america. Today it s around 9 times higher.
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