Gini Coefficient

Don’t look down

Edit The Economist 16 Jun 2016

As a result, Latin America’s Gini coefficient, which runs from zero (where everyone earns the same) to one (where a single fat cat gets all the cash), declined from 0.55 in 1994 to 0.49 in 2013 ... ....

When disaster strikes, should China do more?

Edit IRINnews 08 Jun 2016

Sixty-two Chinese rescuers and six sniffer dogs were the first global team on the ground in Nepal the day after a massive earthquake devastated the country just over a year ago ... But the figures belie such statements ... Ben Parker/IRIN ... Politically motivated? ... SEE ... The country's Gini coefficient for income was 0.49 in 2012, according to a recent Peking University report, where a number above 0.40 represents severe income inequality....

Behind the rise of income inequality in Indonesia

Edit The Jakarta Post 07 Jun 2016

The controversy over the Jakarta Bay land reclamation project that has triggered months of national debate seems to center on several critical issues ... The root cause of the conflict lies much deeper ... Indonesia’s Gini coefficient, an indicator of income inequality in a country, rose from 0.3 in 2000 to 0.40 in 2015. ( The higher the Gini coefficient, the more unequal the distribution of income ) ... _____________________________ ... ....

UPND Manifesto: Reducing Inequality

Edit Zambian Economist 07 Jun 2016

We continue our review of the UPND 2016-21 manifesto. It sets out a ten point plan to govern and develop Zambia. Here is our assessment of their second policy promise to "reduce inequality”. -----. What are the main specific proposals?  ... ... This view of two Zambias is backed up by data that shows income inequality remains very high in Zambia, with recent studies suggesting the Gini coefficient, somewhere around 0.67 ... ....

RI economic slowdown has resulted in more poverty, says Jokowi

Edit Jakarta Post 17 Mar 2016

President Joko “Jokowi” Widodo has said that the poverty level has increased on account of slow economic growth and food-price increases ... As a result, the BPS says, the gini coefficient ratio, which reflects the gap between the rich and the poor, reached 0.41 in September 2015, in which the larger gap was found in cities, 0.43. Meanwhile, the gini ratio in the villages was 0.33 ... "It must truly our concern," he asserted ... (ebf)(+) Tweet ....

What’s Behind the Rise in Income Inequality? Technology or Class Struggle?

Edit CounterPunch 17 Mar 2016

As a measure of inequality I used the Gini coefficient, in which perfect equality has a value of zero (0) and complete inequality a value of one (1) ... Compared with Canada, variation from low point to high point in the Gini coefficient over the 21 years from 1976 to 1997 was three times higher in the US and five times higher in the UK....

Government Spending Drives Modest Growth Pick-Up in Indonesia (World Bank Group)

Edit Public Technologies 15 Mar 2016

(Source. World Bank Group). More Private Investment is Essential to Sustained Recovery. World Bank. Jakarta, March 15, 2015. Government spending for infrastructure is driving a modest pick-up in growth, projected to be 5.1 % for 2016, says a new World Bank report ... Lastly, this IEQ discusses public perception of increasing inequality in Indonesia; the GINI coefficient climbed to 41 in 2014, a marked increase from 30 in the year 2000 ... (noodl....

Bridging the gap: housing solution would be a good start

Edit South China Morning Post 11 Mar 2016

Income inequality in America is a huge problem, with 0.1 per cent of the population owning as much as the bottom 90 per cent. Similarly, our wealth gap as measured by the Gini coefficient is 0.537. the highest among developed economies. In Hong Kong’s case, income inequality is mainly due to unaffordable housing prices ... While Donald Trump exploits Americans’ fear blaming immigrants, we in Hong Kong blame mainlanders ... Bernard E. S....

Confusing banking policy and global economic uncertainty

Edit Jakarta Post 10 Mar 2016

The policy is intended to boost economic growth ... It seems that BI has been misadvised on this issue ... By implementing very low capital gains tax in real estate, it will reduce state tax receipts and result in a more unequal distribution of income and wealth in a country with an already high Gini coefficient ... Many of the latest studies on this issue have shown that a high Gini coefficient leads to lower economic growth ... Tweet ....

UNDP declared a fight on poverty, now a go-to partner for SDGs

Edit Jakarta Post 04 Mar 2016

Development, ultimately, is a marathon, not a sprint ... All of this development work is a long race that leads to sustainable results and benefits every woman, man and child on the planet. The United Nations Development Program (UNDP) has been on this marathon for 50 years. UNDP was established with a vision to eliminate poverty ... The Gini coefficient index that measured inequality has worsened from 0.329 in 2002 to 0.413 in 2013 ... Tweet ....

America's Go-To Economic Indicator Is Blunt and Obsolete

Edit The Atlantic 02 Mar 2016

Robert F. Bukaty / AP. The concept of the GDP, initially termed the “gross national product,” was invented by the economist Simon Kuznets during the Great Depression ... In time, quarterly and annual reports about the GDP gained prime importance as broad indicators of how well the economy was faring ... The public has grown interested in countries’ Gini coefficients, or how CEOs’ earnings compare to those of the front-line workers they lead ... ....

How Burlington's Creative Class Explains Bernie Sanders

Edit CityLab 01 Mar 2016

Bernie Sanders at his campaign kickoff rally in Burlington, Vermont. (Brian Snyder / REUTERS) ... In fact, the city was the first in the U.S ... Although Burlington’s income inequality (based on the Gini coefficient) rivals that of the U.S. as a whole (around .45), it is substantially worse than in Sweden, Denmark, and Finland (with Gini coefficients of around .25 to .30), making these countries far more equal places to live ... ....

Inclusive social protection for poverty alleviation

Edit Jakarta Post 01 Mar 2016

Indonesia has emerged as a middle-income country and an important player in the global economy (G20) but faces three major problems ... Indonesia’s Gini coefficient, which indicates inequality in income distribution, is 0.41, its highest in 50 years and the highest among Asian countries ... By 2019, as projected in the RPJMN, the poverty rate and Gini coefficient are expected to fall to 7-8 percent and 0.36, respectively ... Tweet ....

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