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The report found that inequality between countries had widened rapidly between 1980 and 2002, before narrowing slightly due to the rapid growth in China.
Guardian economics editor, Larry Elliot writes today: The report found that inequality between countries had widened rapidly between 1980 and 2002, before narrowing slightly due to the rapid growth in China.
His greater concern, however, was with the inequality between countries.
Deaton asserts that material and technological progress has led to greater inequality between countries.
That figure illustrates an alarming phenomenon: although inequality between countries is fading, inequality within countries is growing.
Critics also point to differing levels of inequality between countries as proof that political choices must be at work.
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The result is probably the most reliable data set on world income distribution.Then Mr Milanovic computed the Gini coefficient for world income distribution, combining within-country inequality and between-country inequality, and measuring it in PPP terms.
The inequalities between countries are stark.
And – more importantly – what about inequalities between countries?
Chris Bertram says that income inequalities between countries don't matter as long as income inequality within country is supressed.
"The promotion of human rights remains the most effective strategy for eliminating inequalities between countries and social groups, and for increasing security," Benedict told the United Nations General Assembly.
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