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An even higher global inequality than previously thought

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  • Milanovic, Branko

Abstract

Global inequality between world citizens, using the new PPP data (just published as part of the 2005 ICP), is estimated to be about 70 Gini points. This is some 4-5 Gini points higher than previously thought. The increases are even greater if one uses the Theil index.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6676.

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Date of creation: Dec 2007
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Handle: RePEc:pra:mprapa:6676

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Related research

Keywords: Global inequality; PPPs;

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  1. Milanovic, Branko, 2008. "Where in the world are you ? Assessing the importance of circumstance and effort in a world of different mean country incomes and (almost) no migration," Policy Research Working Paper Series 4493, The World Bank.
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Cited by:
  1. Milanovic, Branko, 2009. "Global inequality recalculated : the effect of new 2005 PPP estimates on global inequality," Policy Research Working Paper Series 5061, The World Bank.
  2. Alberto Chilosi, 2010. "Poverty, Population, Inequality, and Development: the Historical Perspective," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 7(2), pages 469-501, December.
  3. Milanovic, Branko, 2009. "Global inequality and the global inequality extraction ratio: the story of the past two centuries," Policy Research Working Paper Series 5044, The World Bank.

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