Date
16 January 2024
The Global South remains especially vulnerable when it comes to issues of both financial and economic inequality. The World Bank’s Gini index highlights that Africa’s wealth inequality level is the highest after the Asia-Pacific Region at 89.2. This indicator measures the level of deviation of distribution of income among households in an economy from distribution from a perfectly equal distribution. The score ranges between 0 and 100, and the higher the score, the higher the level of inequality… (Read More in the concept note below).