[lbo-talk] income distribution worldwide: the VMIR

Wojtek Sokolowski sokol at jhu.edu
Fri Aug 24 12:44:33 PDT 2007


Doug:

<http://www.countdownnet.info/archivio/analisi/world_economy/530.pdf>

An International Comparison of the Incomes of the Vast Majority Anwar Shaikh and Amr Ragab April 12, 2007

[WS:] Interesting. However, factoring VMI into the picture moves the US only one rank down from the second place (after Luxembourg) in terms of Net National Income to third place after Luxembourg and Norway in terms of VMI (Figure 4). It is interesting because while the US VMI rate is close to that of Third World countries (Table 1,) the relatively smaller share of a very large pie still translates into a fairly large slice.

Wojtek



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