Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results

Using the new results of the International Comparison Program 2005, the author reestimates inequalities between mean country incomes and global inequality among world citizens. All types of international inequality are found to be greater than previously thought (that is, as calculated using earlier...

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Main Author: Milanovic, B.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5109
id okr-10986-5109
recordtype oai_dc
spelling okr-10986-51092021-04-23T14:02:21Z Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results Milanovic, B. Cross-Cultural Comparison Developing Countries statistics & numerical data Poverty Socioeconomic Factors Using the new results of the International Comparison Program 2005, the author reestimates inequalities between mean country incomes and global inequality among world citizens. All types of international inequality are found to be greater than previously thought (that is, as calculated using earlier data on countries' price levels). The main reason for the higher inequalities is that domestic price levels in most populous Asian countries (China, India, Philippines, Bangladesh) are some 40 percent higher than previously estimated. This implies not only higher global inequality but significantly greater global poverty head counts. 2012-03-30T07:31:19Z 2012-03-30T07:31:19Z 2008 Journal Article Int J Health Serv 0020-7314 (Print) 0020-7314 (Linking) http://hdl.handle.net/10986/5109 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Cross-Cultural Comparison
Developing Countries
statistics & numerical data
Poverty
Socioeconomic Factors
spellingShingle Cross-Cultural Comparison
Developing Countries
statistics & numerical data
Poverty
Socioeconomic Factors
Milanovic, B.
Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Using the new results of the International Comparison Program 2005, the author reestimates inequalities between mean country incomes and global inequality among world citizens. All types of international inequality are found to be greater than previously thought (that is, as calculated using earlier data on countries' price levels). The main reason for the higher inequalities is that domestic price levels in most populous Asian countries (China, India, Philippines, Bangladesh) are some 40 percent higher than previously estimated. This implies not only higher global inequality but significantly greater global poverty head counts.
format Journal Article
author Milanovic, B.
author_facet Milanovic, B.
author_sort Milanovic, B.
title Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results
title_short Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results
title_full Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results
title_fullStr Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results
title_full_unstemmed Even Higher Global Inequality than Previously Thought : A Note on Global Inequality Calculations Using the 2005 International Comparison Program Results
title_sort even higher global inequality than previously thought : a note on global inequality calculations using the 2005 international comparison program results
publishDate 2012
url http://hdl.handle.net/10986/5109
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