Global Income Distribution: From The Fall Of The Berlin Wall To The Great RecessionVW Staff
Global Income Distribution: From The Fall Of The Berlin Wall To The Great Recession by Christoph Lakner and Branko Milanovic,The World Bank Economic Review
We present an improved panel database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5%, having declined by approximately 2 Gini points. China graduated from the bottom ranks, changing a twin-peaked global income distribution to a single-peaked one and creating an important global “median” class. 90% of the fastest growing country-deciles are from Asia, while almost 90% of the worst . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com or click chat button and we will get back to you as quick as humanly possible