Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession
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 a...
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| Format: | Journal Article |
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Published by Oxford University Press on behalf of the World Bank
2018
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| Online Access: | http://hdl.handle.net/10986/29118 |
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okr-10986-291182021-05-25T10:54:42Z Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession Lakner, Christoph Milanovic, Branko INCOME DISTRIBUTION GINI INDEX RECESSION HOUSEHOLD SURVEYS INEQUALITY 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 performers are from mature economies. Another “winner” was the global top 1%. Hence the global growth incidence curve has a distinct supine S shape, with gains highest around the median and top. 2018-01-03T18:16:19Z 2018-01-03T18:16:19Z 2016-07-01 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/29118 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Publications & Research |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
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World Bank |
| topic |
INCOME DISTRIBUTION GINI INDEX RECESSION HOUSEHOLD SURVEYS INEQUALITY |
| spellingShingle |
INCOME DISTRIBUTION GINI INDEX RECESSION HOUSEHOLD SURVEYS INEQUALITY Lakner, Christoph Milanovic, Branko Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession |
| description |
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 performers are from mature economies. Another “winner” was the global top 1%. Hence the global growth incidence curve has a distinct supine S shape, with gains highest around the median and top. |
| format |
Journal Article |
| author |
Lakner, Christoph Milanovic, Branko |
| author_facet |
Lakner, Christoph Milanovic, Branko |
| author_sort |
Lakner, Christoph |
| title |
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession |
| title_short |
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession |
| title_full |
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession |
| title_fullStr |
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession |
| title_full_unstemmed |
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession |
| title_sort |
global income distribution : from the fall of the berlin wall to the great recession |
| publisher |
Published by Oxford University Press on behalf of the World Bank |
| publishDate |
2018 |
| url |
http://hdl.handle.net/10986/29118 |
| _version_ |
1764468540329426944 |