[lbo-talk] India 8th in billionaire club

[KJ]

If I recall, these figures are a mix of income and expenditure Ginis, 
and some are household and some converted to per capita household 
equivalents. Useful for time-series, but x-country comparisons are 
more problematic. Specifically, I think the India figures the WB 
gives are based on the NSS expenditure numbers. The Gini I cited came 
from income surveys (See, Lal, Mohan & Natarajan in the EPW of Mar 24 
2001).

kj

At 9:58 am -0500 18/3/05, Doug Henwood wrote:
>Here's what the World Bank has for some interesting countries (all 
>figs from between 1998 and 2001):
>
>Argentina        0.522
>Brazil           0.585
>Chile            0.571
>China            0.447
>Germany          0.283
>India            0.343
>Russia           0.456
>Sweden           0.250
>United Kingdom   0.360
>United States    0.408
>
>By the way, the champs in the WB database are:
>
>Namibia          0.706
>Lesotho          0.632
>Botwswana        0.630
>Cent Afr Rep     0.613
>Swaziland        0.609
>South Africa     0.593
>Brazil           0.585
>
>Poor Brazil, a mere #7.