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APA
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Business & Marketing
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English (U.S.)
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Topic:

The GINI Index of Thailand

Essay Instructions:

Watch the following short video - https://www(dot)youtube(dot)com/watch?v=BwSB__Ugo1s - about measuring income inequality and understanding the GINI Coefficient (or index as it is also called). Then, choose a country (first come first served - no duplicates please) and find it's GINI coefficient (there are several sources for this). Then, go to the World Inequality Data base - https://wid(dot)world/ and find this country's historical inequality trend graph. Based on these indicators, and on any other research you choose to do, write a few paragraphs about income inequality in the selected country. It's always nice to include a chart as long as you talk about it.
https://www(dot)youtube(dot)com/watch?v=BwSB__Ugo1s
https://wid(dot)world
Please write about Thailand.

Essay Sample Content Preview:

Thailand
Student
Institution
Course
Professor
Date
Thailand
The GINI Index usually measures the extent to which income distribution among people or households within a particular economy deviates from an otherwise perfect distribution. The estimated GINI Index from the world bank was 36.4% in 2018, which is the year for which data is available. When the GINI index is zero, it implies perfect equality, while a GINI index of 100 implies perfect inequality. From the GINI index recorded, we can see that inequality levels are moderate in Thailand.
The figure implies that less than 37 percent of the population have to live with lower income. The level of economic development is considerably high, making the levels of inequalities reasonably low. When we compare with other developed count...
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