Journal Article
Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession

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Published
2016-07-01
Journal
World Bank Economic Review 30(2):203-32Metadata
Abstract
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.Citation
“Lakner, Christoph; Milanovic, Branko. 2016. Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession. Published by Oxford University Press on behalf of the World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/29118 License: CC BY-NC-ND 3.0 IGO.”
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