Gini coefficient

keen to do this research, as no research in this domain was attempted before. They focus on various channels (education, GSP/capita, income) through which corruption may affect income inequality. They undertake an empirical research where the Gini coefficient is a dependent variable and channels of corruption act as the independent variables. They include the dummy variables as well (expenditure, net income and spending unit). They estimate this model using the OLS in a cross section of…

died. The concept of genocide when discussed on the global landscape is highly scrutinized because it depicts heinous crimes on humankind and it typically reflects a country’s inability to grow their GDP, lower the poverty line or decrease the Gini coefficient. The notion that Bangladesh has been able to overcome adversity and increase their overall GDP and citizen well-being is astounding in the short…

Economic growth is the change of national income usually measured by real GDP(gross domestic product). Economic growth rates have fluctuated over the years and closely been related to economic construction and expansion regarding employment, inflation. Especially, sustainable, high economic growth is one of main objective pursued by most of governments. There is global hot issue associated with economic growth. Recently, China recorded 6.8% of GDP which is lowest figure since 2009 and has…

Introduction On November 19, 1863, President Lincoln delivered a speech during the dedication of the battlefield cemetery at Gettysburg, which hit every main point in less then two minutes. One line in particular, Lincoln states, “It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced.” (Burns, 2012). Inequality had brought on the civil war, with the issues of slavery and central power which had divided the United…

When perusing the CIA’s world fact-book distribution of family income gini index, 2 countries stood out; Australia and Denmark. These 3 counties are all developed, so theoretically inequalities are more systemic than due to the process of development, and all three have global interests, so gross domestic product, or GDP, can be meaningfully compared to measure output. While some markers are hard to directly compare, each countries ladder of opportunities, social welfare programs and taxations…

Introduction Crime is an activity that degenerates the economic level of the country and, therefore, crime reduction is high on the public agenda. According to a recent research, the United States itself loses between $300 billion and over $1 trillion each year due to criminal activities (Anderson , 2006). Despite the measures that have been put in place to combat the vice, not much have been achieved, and the level of crime is still soaring higher. It is, therefore, important to first…

industrialied and rural Areas such as the Eastern Cape Province contains 40% of the nations population however only consists of 7% of household income. South Africa GINI index has also shown the signicicant signs that globalisation has split the gap even further between the rich and the poor, and the high and low skilled labour force. The GINI index in the 2008-2009 stage was sitting at 0.7 and was deemed by the OECD as the most unequal society. Inflation Since the introduction of the the…

Boldly stated within a viral video titled "Wealth Inequality in America" is that "[most people] certainly don 't have to go as far as Socialism to find something that is fair for hardworking Americans," a statement that colorfully highlights one of the largest issues in America today: the wealth gap. Using statistics, the creator of the video proves that the saying “While the rich get richer, the poor get poorer” is true; as the rich are given an excess of opportunities to gain more money, the…

America prides itself on being a democratic government and a land of equal opportunity, but does it live up to those standards? Incoming inequality is growing in American society, and the effectiveness of democracy is being threatened by this increasing inequality. While America has claimed to make strides toward racial and gender inequality there is a growing gap between the haves and have nots. This income gap is increasing rapidly between the rich and the middle class and the middle class is…

data, such as the Gini Index and the Gross Domestic Product (GDP) per capita, demonstrate the income inequality and total output of a country per person, respectively. The more equal a country’s income distribution is within its population, the lower its Gini Index, however the more unequal a country’s income distribution, the higher it’s Gini Index will be (Central Intelligence Agency). The Dominican Republic, Denmark, and Russia illustrate an interesting relationship between Gini Index and GDP…