World Bank

Half the world’s population lives in 6 countries

A new series looking at Fun Facts! about US and World economies. I am starting with something simple: In 2009, 50% of the world’s 6.8 billion people lived in just 6 countries: China, India, United States, Indonesia, Brazil and Pakistan.

If you want to look up the population for the rest for the world try the World Bank's data tool.

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Income Inequality in Britain and America

A quick link to a paper I found at the World Bank web site:When did inequality rise in Britain and America?

From the Abstract:

. . . income inequality rose in both Britain and America between 1977 and 1995. In America, it regained the old pre-1929 levels, contrary to the official figures. Second, wealth and earnings gaps widened sometime in America between 1774 and 1913. Third, inequality rose in Britain from 1740 to 1810, earlier than others have suspected . . .

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World Income Distrubition

A researcher at the World Bank is looking at the income distribution around the world.

True World Income Distribution, 1988 and 1993: First Calculation Based on Household Surveys Alone: calculates, for the first time ever, inequality among world citizens using detailed household survey data from more than 100 countries. Shows that inequality increased between 1988 and 1993.

[tags] world income inequality [/tags]

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