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Income disparity getting worse: Report

By Xin Zhiming | 皇冠体育app Daily | Updated: 2007-08-09 07:25

皇冠体育app's Gini coefficient, a standard measure of a country's overall income inequality, rose to 0.473 in 2004 from 0.4 in 1993, according to a report by the Asia Development Bank (ADB) released yesterday.

It is the latest figure for assessing income disparities and crosses the international warning line of 0.4.

A coefficient of between 0.3 and 0.4 is generally deemed normal, but the larger it is, the more serious the inequality.

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