Gini coefficient on inequality of wealth of a country

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Gini coefficient on inequality of wealth of a country




by Christophe » 05/03/13, 10:26

Do you know the Gini coefficient? (not gini like soda ...) ...

It allows you to see in a single figure the inequalities in the redistribution of a country's wealth ...

http://fr.wikipedia.org/wiki/Coefficient_de_Gini

The Gini coefficient is a number varying from 0 to 1, where 0 means perfect equality (everyone has the same income) and 1 means total inequality (one person has all the income, the others have nothing , extreme case of the master and his slaves).


For 2009 around the world this gives:

Image

Are the Persian Gulf countries voluntarily omitted because most probably all in the red ...

You did see? Iran is better than the USA ...
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by elephant » 05/03/13, 11:48

Very interesting. Wouldn't you have a link to make it more comfortable to read?
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Re: Gini coefficient on the wealth inequalities of a




by Christophe » 05/03/13, 17:10

If ... lol:



See also: the Lorentz curve (which gives Gini) http://fr.wikipedia.org/wiki/Courbe_de_Lorenz and the Atkinson index http://fr.wikipedia.org/wiki/Indice_d%27Atkinson
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by Grelinette » 05/03/13, 17:50

Interesting and curious: it was another Italian who developed a coefficient to assess the inequality of the wealth of a country!

In the same genre there was already the principle of Pareto (law of 20/80), an economic law which determines that 80% of wealth is held by 20% of the population ( http://fr.wikipedia.org/wiki/Principe_de_Pareto ).

That said, one should always be careful with statistical indices.

For example, a statistician with his feet in the ice and his head in an oven will conclude that the average temperature is quite bearable! : Mrgreen:

It's like some business leaders who proudly announce that the employees of their company receive a very comfortable average salary ... and forget to say that their own salary inflates the average salary ...
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by Alain G » 05/03/13, 18:10

Grelinette wrote:Interesting and curious: it was also an Italian who developed a coefficient to assess the inequality of the wealth of a country!

In the same genre there was already the principle of Pareto (law of 20/80), an economic law which determines that 80% of wealth is held by 20% of the population ( http://fr.wikipedia.org/wiki/Principe_de_Pareto ).



You didn't say so well!


Here in Quebec with everything that happens with the Italian mafia and their great wealth at the expense of tax payers who have been cheated with contracts inflated to block among others in Montreal for construction, corruptions, shenanigans and threats to competitors , we learn a lot with the Charbonneau commission.

Here is an example:
Work on water and sewer pipes could cost up to 85,5% more expensive in Montreal than in other cities in Quebec, due in particular to collusion, "ill-defined" plans, requirements "special" techniques and "extras" granted to entrepreneurs more frequently than anywhere else.


http://www.lapresse.ca/actualites/20130 ... lleurs.php
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by Grelinette » 05/03/13, 18:16

What is this unequal European country that stands out in orange?
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by Alain G » 05/03/13, 18:27

Hi Grelinette!

It's Bosnia!
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by Christophe » 17/03/13, 18:22

Inequalities in the United States and its perception: http://www.youtube.com/watch?v=gLT1V7Ifz1c
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Re: Gini coefficient on the wealth inequalities of a country




by thibr » 01/05/21, 10:47

FRANCE, A BILLIONAIRE TAX HAVEN?

"Many political figures, the President of the Republic the first, describe France as a tax hell for the better-off. But Salomé Saqué went to question the economist Lucas Chancel. For him, this is a tenacious myth, contradicted by the numbers. According to the latest ranking of big fortunes published by Bloomberg, the European country where billionaires prosper the most is ... France. "
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Re: Gini coefficient on the wealth inequalities of a country




by GuyGadeboisTheBack » 01/05/21, 13:06

100% of the planet likes:
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