Mexico and Brazil had a big problem several decades ago. They had a small but very wealthy elite class and a massive underclass. The middle class in these countries was relatively small, leading to ...

Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...

SINGAPORE: Income inequality in Singapore has declined to its lowest level in over two decades, said Deputy Prime Minister Lawrence Wong during his Budget speech last Friday (Feb 16). This is measured ...

China has published the calculation methods of the Gini coefficient reflecting social wealth gap, the National Bureau of Statistics (NBS) announced on Friday. A new survey system was set up at the end ...

Economic inequality is easy enough to find statistics on, but these are often difficult to parse. For example, politician Bernie Sanders, a vocal campaigner for equality, has provided various data ...

Donald J Trump knows meaning of the term ‘shithole country’; an unfortunate phrase he used in 2018 with primary reference to Haiti. This small article seeks to define said term with reference to the ...

We recently compiled a report on the 30 Countries with Highest Gini Coefficient and in this article we will look at the country with the highest wealth inequality. According to the World Inequality ...

BEIJING (Caixin Online) — For the eleventh year in a row, Chinese officials say they cannot publish the nation’s Gini coefficient — a common measure of income inequality used worldwide. The main ...