globalisation L10 Gini coefficent/index

Question 1

What is the Gini coefficient?

Answer 1

• statistical measure used to calculate inequality within a nation through calculating the wealth distribution between members of the population

- 0 = Perfect equality
- 1 = absolute inequality

World Bank and UN both produce statistics so governments can track their inequality

Question 2

How is the Gini Coefficient calculated?

Answer 2

Lorenz Curve

Gini Coefficient = A / (A+B)

Question 3

Trend in Widening Inequality

Answer 3

1810: life expectancy -40, everyone is poor except UK & Netherlands

1948: Europe (UK NHS founded) & America way ahead.
Asia and Africa still poor, unhealthy, & colonised

2009: development gap still a problem — colonialism no longer. globalisation meant countries could catch up.

Question 4

What does the Clarke-Fisher Model Show?

Answer 4

shows the shift in sectors of jobs due to industrialisation

Question 5

The Globalisation Spectrum

Answer 5

Most Globalised: Singapore — one of the founding fathers of ASEAN — Score of 82 KOF Index — 5th on A.T. Kearney

Middle: India — 5th Largest Economy — 42 KOF Index — working to achieve no poverty & quality education

Least Globalised: Sudan — Not part of any trade blocs — Civil war & Political instability — GDP decreasing