Friday, August 19, 2011

Gini Europe


The Gini coefficient is a number from 0 to 1 representing the equality or inequality of income distribution in an economy; 0 is theoretical absolute equality, and 1 is one person having everything and everyone going without. In practice, it varies from about 0.2 to about 0.7.

According to it, Europe ranges from the mid-.20s to the high .30s, with a few outliers in the low 40s. At the most egalitarian end, unsurprisingly, are the Jante states of Denmark and Sweden, as well as Iceland (perhaps surprisingly, if it's meant to have been an experiment in cut-throat neoliberalism). Things get more inequitous into Norway, Finland, France, Germany and Switzerland (which stays under .28, despite being home to a lot of the global super-rich), and then on to Italy, Spain, Britain and Ireland, and beyond that, Poland and Lithuania. The most unequal country in Europe is Turkey, which has a Gini coefficient of 0.436, somewhere between Guyana and Nigeria, or, if you prefer, Delaware and Hawaii.

found here : http://dev.null.org/blog/item/200904210031_ginieuroa

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