The Relentless March of The Gini Coefficient
The Gini coefficient is a measure of statistical dispersion developed by the Italian statistician Corrado Gini and published in his 1912 paper "Variability and Mutability". Worldwide, Gini coefficients for income range from approximately 0.23 (Sweden) to 0.70 (Namibia) although not every country has been assessed. No matter...
Do locals really ’set the tone of our society’?
Prime Minister Lee Hsien Loong on Wednesday urged Singaporeans to have more babies in the new Year of the Rabbit, saying additional children would bring “more joy” to families. Lee, a father of four, said in his Lunar New Year message that getting Singaporeans to produce more babies has been a challenge but he hoped more...
Arab Revolution: Will Algeria’s regime be the next to fall?
First Tunisia, then Egypt. Now it could be Algeria's turn to free itself from autocratic rule. Fearing a full-blown uprising like those that have collapsed both the Tunisian and Egyptian regimes in one month, government officials in the huge North African country scrambled on Monday, Feb. 14, to short-circuit an accelerating...
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