An Even Higher Global Inequality than Previously Thought: A Note on Global Inequality Calculations Using the 2005 ICP Results

10 Pages Posted: 9 Jan 2008

See all articles by Branko Milanovic

Branko Milanovic

World Bank - Development Research Group (DECRG); University of Maryland

Date Written: December 28, 2007

Abstract

Global inequality between world citizens, using the new PPP data (just published as part of the 2005 ICP), is estimated to be about 70 Gini points. This is some 4-5 Gini points higher than previously thought. The increases are even greater if one uses the Theil index.

Keywords: Global inequaliy, Purchasing power parity

JEL Classification: D31, I3

Suggested Citation

Milanovic, Branko, An Even Higher Global Inequality than Previously Thought: A Note on Global Inequality Calculations Using the 2005 ICP Results (December 28, 2007). World Bank Policy Research Working Paper Series, Available at SSRN: https://ssrn.com/abstract=1081970 or http://dx.doi.org/10.2139/ssrn.1081970

Branko Milanovic (Contact Author)

World Bank - Development Research Group (DECRG) ( email )

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HOME PAGE: http://econ.worldbank.org/staff/bmilanovic

University of Maryland ( email )

College Park
College Park, MD 20742
United States

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