Income Inequality Between Countries
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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.