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Overview ,[object Object],[object Object]
Re-distribution of wealth (ROW) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Gini index : A tool to measure ROW ,[object Object],[object Object],[object Object],[object Object],[object Object]
Gini index chart of the globe Source :  www. gini -research.org
[object Object],Source : The Times of INDIA Nation( From 1 to 10 down) Gini index(%) Japan 54.7 China 55 Spain 57 South Korea 57.9 Italy 60.9 Finland 62.1 Australia 62.2 Netherlands 65 Taiwan 65.5 Bangladesh 66 Nation ( From 10 to 20 down) Gini index(%) Germany 66.7 India 66.9 Vietnam 68.2 Canada 68.9 UK 69.7 Pakistan 69.8 Russia 69.9 Thailand 71 Turkey 71.8 France 73
Role of state in reducing disparity ,[object Object],[object Object],[object Object],[object Object],[object Object]
1) Building efficient and transparent product markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2) Expanding financial markets ,[object Object],[object Object],[object Object],[object Object],[object Object]
3) Raising the income of those at the bottom through labor market reforms ,[object Object],[object Object],[object Object],[object Object],[object Object]
4) Using distributive fiscal policies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Redistribution of wealth

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  • 5. Gini index chart of the globe Source : www. gini -research.org
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