Sunday, January 03, 2016

Which wealthy countries have the worst inequality?


Inequality is on the rise in several of the world’s developed economies. This is the finding of a new Morgan Stanley report on inequality.

To calculate their inequality indicator (known as the MSII), Morgan Stanley uses a variety of factors, moving beyond the commonly used GINI coefficient to include measures of wage dispersion, workplace inclusion, health status and digital access. The report argues that this multifaceted approach allows for a more nuanced view of inequality.

The following chart shows scores across these variables for the countries assessed in the report, and highlights performance across all these indicators. A score of 1 indicates the highest levels of inequality. The chart show Portugal, Italy and Greece to be 1st, 2nd and 3rd respectively.

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