An Even Higher Global Inequality than Previously Thought: A Note on Global Inequality Calculations Using the 2005 ICP Results

Abstract

Global inequality between world citizens, using the new PPP data (just published as part of the 2005 ICP), is estimated to be about 70 Gini points. This is some 4-5 Gini points higher than previously thought. The increases are even greater if one uses the Theil index.