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Economic development
Essay specific features
Written by:
Charles A
Date added:
October 15, 2012
Level:
University
Grade:
A
No of pages / words:
19 / 5222
Was viewed:
4776 times
Rating of current essay:
Essay content:
It could include the provision of basic needs such as shelter nutrition etc as signs of development. Lorenz curves can be used to measure income inequality. Ginni coefficients can also be used. Diagram below:
The Gini coefficient is area A/(A+B) If A is 0 it shows perfect equality
A value of 1 (A=A+B shows perfect inequality...
displayed 300 characters
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Lorenz curves can be used to measure income inequality. Ginni coefficients can also be used. Diagram below:
The Gini coefficient is area A/(A+B) If A is 0 it shows perfect equality
A value of 1 (A=A+B shows perfect inequality.
However, whilst Lorenz curves and Gini coefficients may show evidence of relative poverty, they do not take account of the extent of absolute poverty...
displayed 300 characters
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