Donald J Trump knows meaning of the term ‘shithole country’; an unfortunate phrase he used in 2018 with primary reference to Haiti. This small article seeks to define said term with reference to the ...

China has published the calculation methods of the Gini coefficient reflecting social wealth gap, the National Bureau of Statistics (NBS) announced on Friday. A new survey system was set up at the end ...

China’s richest man, Wahaha beverage tycoon Zong Qinghou, proposes tax cuts and monopoly break-ups to reverse slowing economic growth which has alarmed many observers. From Bloomberg “Economic growth ...

The principal purpose of this paper is to examine the effects of 16 food items on the overall food expenditure inequality in Greece using the raw data of Family Budget Surveys conducted during 1987/88 ...

BEIJING - The Gini coefficient - a commonly used measure of inequality of wealth - has reached 0.47 in China, overtaking the recognized warning level of 0.4, government-affiliated experts have said.

The Chongqing Municipal government plans to restructure its income distribution system and set the goal of bringing down the Gini Coefficient from the current 0.42 to 0.35 in its own 12th Five-Year ...

As an economist, I look at the current standoff between Guyana and Venezuela as an opportunity for rapprochement. The Gini coefficient, a pivotal measure reflecting income distribution within a nation ...

BEIJING (Reuters) - China's statistics chief declared on Friday there was an urgent need for reforms to narrow the income gap between rich and poor, addressing head-on an issue that officialdom has ...