Decomposing World Income Distribution

Download or read book Decomposing World Income Distribution written by Branko Milanovi? and published by World Bank Publications. This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Asia inequality in income between countries is more important than inequality within countries. In Africa, Latin America, and Western Europe and North America, by contrast, there are only small differences between countries; inequality within countries is more important. And when countries are divided in three groups by income level, there is little overlap, very few people in developing countries have incomes in the range of those in the rich countries.