bdnews24.com :
Bangladesh is in a relatively good position among the South Asian countries in tackling inequality in distribution of income and expenditure, says a World Bank report.
According to the report titled ‘Addressing Inequality in South Asia’, Bangladesh is third among the eight countries of the region in the inequality index-Gini coefficient or Gini index.
World Bank’s Chief Economist for South Asia Martin Rama presented the report at NEC conference room in Dhaka’s Sher-e-Bangla Nagar on Monday.
Afghanistan and Pakistan are ahead of Bangladesh while Nepal, India, Sri Lanka, the Maldives and Bhutan are far behind it in tackling inequality.
The Gini coefficient measures the inequality among values of a frequency distribution like levels of income.
Gini coefficients of zero expresses ‘perfect equality’ while a Gini coefficient of one expresses maximal inequality among values.
According to the report, Bangladesh has Gini coefficient of 0.31 while Bhutan is on the top with 0.36 Gini coefficient.
India’s Gini coefficient is 0.32 and Afghanistan’s 0.25.
The report said, 40 percent of Afghanistan’s marginalised poor people own 23 percent of the country’s total assets, which is the highest among the South Asian countries.
The rate is 22 percent in Pakistan while its nearly 21 percent in Bangladesh followed by India, Nepal, Bhutan, Sri Lanka and Maldives.
Total amount of assets the 40 percent poor of the South Asian countries own is relatively satisfactory, according to the report. It added that labour mobility in these countries is also satisfactory.
Bangladesh is in a relatively good position among the South Asian countries in tackling inequality in distribution of income and expenditure, says a World Bank report.
According to the report titled ‘Addressing Inequality in South Asia’, Bangladesh is third among the eight countries of the region in the inequality index-Gini coefficient or Gini index.
World Bank’s Chief Economist for South Asia Martin Rama presented the report at NEC conference room in Dhaka’s Sher-e-Bangla Nagar on Monday.
Afghanistan and Pakistan are ahead of Bangladesh while Nepal, India, Sri Lanka, the Maldives and Bhutan are far behind it in tackling inequality.
The Gini coefficient measures the inequality among values of a frequency distribution like levels of income.
Gini coefficients of zero expresses ‘perfect equality’ while a Gini coefficient of one expresses maximal inequality among values.
According to the report, Bangladesh has Gini coefficient of 0.31 while Bhutan is on the top with 0.36 Gini coefficient.
India’s Gini coefficient is 0.32 and Afghanistan’s 0.25.
The report said, 40 percent of Afghanistan’s marginalised poor people own 23 percent of the country’s total assets, which is the highest among the South Asian countries.
The rate is 22 percent in Pakistan while its nearly 21 percent in Bangladesh followed by India, Nepal, Bhutan, Sri Lanka and Maldives.
Total amount of assets the 40 percent poor of the South Asian countries own is relatively satisfactory, according to the report. It added that labour mobility in these countries is also satisfactory.
