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Perhaps the Gini coefficient would be a better metric to capture this?
by mitthrowaway2 1y ago
Perhaps the Gini coefficient would be a better metric to capture this?
- ajmurmann 1y agoCertainly not in isolation. It measures inequality. If everyone has nothing you get a perfect Gini score. Pakistan, Ukraine, Belarus and Algeria have a lower (better) Gini score than all of the Americas and most of western Europe and Japan. Want to move?
- nradov 1y agoThe Gini coefficients published for deeply corrupt countries like Pakistan and Ukraine are almost certainly a total fiction. Much of the real wealth held by the elites in those countries is hidden from official statistics.