Years after a global crisis, the world’s largest economies are again growing, The New York Timesreported over the weekend.
Every major economy on earth is expanding at once, a synchronous wave of growth that is creating jobs, lifting fortunes and tempering fears of popular discontent.
A tweet on the subject prompted a friend to respond with a question about whether income inequality has grown — and that in turn prompted a quick exploration of data provided by the World Bank.
One of its many indicators is the GINI index, which measures income distribution by country and creates a score. A 0 score means absolute equality, and 100 represents absolute inequality.
These data, based on country-by-country surveys, are imperfect and incomplete, with most countries missing several years of data. The United States, for example, had only five annual estimates in the last two decades. South Korea, where I live now, had only four. Strangely, a few smaller countries had more complete data. Honduras had all but one year, for example.
Given these limits, I focused on the top-25 economies, some of which were missing scores. In these cases, I carried over the most-recent data to maintain a consistent, if imprecise, trend line.
The data are interesting in some cases. Here are the countries, listed in order of their gross national product rankings:
Scooters at a Taipei intersection. Credit: Quatro Valvole/Wikimieda
I’m in Taiwan this month to study Mandarin. During breaks, I’ll be posting occasionally about the island nation’s demographics, politics and (sticky) weather.
One of the first things you’ll notice about the streets of Taiwan — other than the excellent food, sweet people and formidable humidity, of course — is the constant buzz of scooters. They are everywhere — and loud and perhaps a little unsafe.
That’s true even in Taipei, the capitol region, which has a world-class subway system and yet about 1 million motorcycles on the roads (as opposed to roughly 800,000 cars and trucks).
It turns out there’s a proportionally startling number of motorcycles, as the government classifies them, on the roads across this country: More than 13 million in nation of just 23 million.
Most homes have them, for example:
And there are nearly twice as many motorcycles on the roads than cars and trucks, according to the government:
Though the rate of motorcycles per 1,000 population is declining: