Read on Twitter
THREAD Interesting new data on #inequality in China coming from @WIL_inequality - on the rise but stabilizing.
"In China, the
top 1% captured 8% of national income in 1990 and
rose to 14% in 2019"
https://wid.world/document/whats-new-about-income-inequality-data-in-asia/?utm_source=email&utm_campaign=Inequality_data_for_173_countries_and_up_to_2019__Asia&utm_medium=email
#F24
"In China, the
top 1% captured 8% of national income in 1990 and
rose to 14% in 2019"
https://wid.world/document/whats-new-about-income-inequality-data-in-asia/?utm_source=email&utm_campaign=Inequality_data_for_173_countries_and_up_to_2019__Asia&utm_medium=email
#F24
But interesting to look at regional context...
Over same period, India went from 11% to 21%.
"
& followed similar inequality pathways between 1990 and 2000s, & diverged afterwards, with able to stabilize its inequality levels & unable to do so"
Over same period, India went from 11% to 21%.
"
& followed similar inequality pathways between 1990 and 2000s, & diverged afterwards, with able to stabilize its inequality levels & unable to do so"
Also worth looking from an even wider perspective.
"It is worth stressing that communist countries like and 
display lower inequality levels than non-communist countries like and 
, yet, they still display much higher levels of inequality as compared to Western Europe"
"It is worth stressing that communist countries like
and display lower inequality levels than non-communist countries like and , yet, they still display much higher levels of inequality as compared to Western Europe"
