EquityBeaGoalofEconomicPolicy(国际经贸高级.pptxVIP

Unit NineShould Equity Be a Goal of Economic Policy?TEXT Growing Inequality The degree of income inequality varies greatly from region to region. It is greatest in Latin America and sub-Saharan Africa, and lowest in Eastern Europe; other regions fall between these two extremes. In Latin America, the average Gini coefficient—the most commonly used measure of inequality, with 0 representing perfect equality and 1 representing total inequality—is almost 0.5. The average Gini coefficient in sub-Saharan Africa is slightly lower, but there is considerable variation among countries. Income inequality