International Inequality

International inequality is inequality between countries (cf. Milanovic 2002). Economic differences between rich and poor countries are considerable. According to the United Nations Human Development Report 2004, the GDP per capita in countries with high, medium and low human development (a classification based on the UN Human Development Index) was 24,806, 4,269 and 1,184 PPP$, respectively (PPP$ = purchasing power parity measured in United States dollars).

Read more about International Inequality:  International Wealth Distribution, Comparisons, Further Facts, Schools of Thought On Economic Inequality

Famous quotes containing the word inequality:

    All the aspects of this desert are beautiful, whether you behold it in fair weather or foul, or when the sun is just breaking out after a storm, and shining on its moist surface in the distance, it is so white, and pure, and level, and each slight inequality and track is so distinctly revealed; and when your eyes slide off this, they fall on the ocean.
    Henry David Thoreau (1817–1862)