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GINI coefficient in the AIN

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Post by Blakeway4 29th October 2011, 19:33

The Gini coefficient is a measure of the inequality of a distribution, a value of 0 expressing total equality and a value of 1 maximal inequality. It has found application in the study of inequalities in disciplines as diverse as sociology, economics, health science, ecology, chemistry, engineering and agriculture.

It is commonly used as a measure of inequality of income or wealth. Worldwide, Gini coefficients for income range from approximately 0.23 (Sweden) to 0.70 (Namibia) although not every country has been assessed.

In this thread, i'll try to make a list of GINI coefficient for every AIN nations.

To do so, I will read your wiki articles, learn about your nations. Smile

Feel free to comment about your GINI coefficient! Ask for explanations.

LIST

1. Killorglin (GINI: 0.15) - Fully socialist state
2. Syldavia (GINI: 0.20) - Mixed economy with socialist government. Scandinavian type. High taxes system and public companies.
3. Arcacia (GINI: 0.28) - Utopia but home of rich people retreats Cheeky/Razz
4. Cattala (GINI: 0.30) - High taxes system with high agricultural norms and requirements.
...
30. Shushtrepistaz (GINI: 0.54) - Almost fully capitalist state with high inequality in salary and a lot of privatization which results in high inequality.

Please post informations about your countries or write in your wikis so I can complete the list Smile thank you!


Last edited by Blakeway4 on 29th October 2011, 19:58; edited 1 time in total
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Post by ForthWall 29th October 2011, 19:34

Why?
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Post by Thomas 29th October 2011, 19:36

Clearly something is wrong if Arcacia is below... Syldavia. Cheeky/Razz
I like this, Julien. Smile
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Post by Blakeway4 29th October 2011, 19:47

Hmm, maybe I should add explanations then Smile
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Post by ForthWall 29th October 2011, 20:24

Who said we had wage inequality
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Post by will 29th October 2011, 20:31

where's Meri?
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Post by Daniel 30th October 2011, 00:34

Thomas wrote:Clearly something is wrong if Arcacia is below... Syldavia. Cheeky/Razz
I like this, Julien. Smile

Syldavia is a socialist state. Arcacia is a social democracy. Syldavia probably has a more limited private sector, meaning greater emphasis on the public sector. Arcacia has a strong private sector operating in the framework of a highly regulated market and publicly owned infrastructure, as well as strong investment in public companies. That is, companies owned by the public (such as Arcacian Airlines). This means that it's easier to get filthy stinking rich in Arcacia than in Syldavia.

This index is about distribution of wealth. A measure that, in itself, is not really a measure of quality of life. For that, the amount of wealth (GDP) and wealth per person (GDP/capita) would also need to be taken into consideration.

As purely a measure of distribution, this index is correct.
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Post by Neil 30th October 2011, 01:54

Daniel wrote:
Thomas wrote:Clearly something is wrong if Arcacia is below... Syldavia. Cheeky/Razz
I like this, Julien. Smile

Syldavia is a socialist state. Arcacia is a social democracy. Syldavia probably has a more limited private sector, meaning greater emphasis on the public sector. Arcacia has a strong private sector operating in the framework of a highly regulated market and publicly owned infrastructure, as well as strong investment in public companies. That is, companies owned by the public (such as Arcacian Airlines). This means that it's easier to get filthy stinking rich in Arcacia than in Syldavia.

This index is about distribution of wealth. A measure that, in itself, is not really a measure of quality of life. For that, the amount of wealth (GDP) and wealth per person (GDP/capita) would also need to be taken into consideration.

As purely a measure of distribution, this index is correct.

Glad to see you back, sir.
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Post by Thomas 30th October 2011, 11:44

Ah, that makes a lot of sense now. I think it looks good at the moment then.
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Post by SmartbyLaw 30th October 2011, 18:11

I love this.. but one problem... Where is Lorenta? Cheeky/Razz
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Post by Forsma 1st November 2011, 13:54

hmm well I think Karasem is 0.45-0.6 since there's some contrast differences between rich and poor.
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Post by kakado_to_save 1st November 2011, 14:15

Kamchatka is around 0.15 - 0.20
its socialist .. though there are some snobby fat rich people in it Cheeky/Razz
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