Sunday, December 8, 2013

A trendy global income inequality

Though US income inequality is dismal, it seems like China's situation is even worse. Probably income inequality is becoming inexorable globally (due to the advances of technology?). Gini coefficient is a recognized measure of income inequality. In 2011, Taiwan was 0.341 while China was 0.477 (If it is more than 0.40, social unrest is lurking)

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