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  1. Failure to publish Gini figure hides Swazi level of inequality

    Posted Jan 27th 2012, 12:00am

    ... are not familiar with it, the Gini co-efficient is considered the standard measure of income inequality. The formula for calculating it is truly frightening, with lots of brackets, Greek and Roman letters, both big and small, and a generous helping of superscripts and subscripts. Happily, however, the concept behind it is simple enough. The Gini co-efficient measures a country's inequality ...

    http://www.scmp.com/article/991048/failure-publish-gini-figure-hides-swazi-level-inequality
  2. Small change

    Posted May 05th 2011, 12:00am

    ... as to whether China can slow, if not reverse, the alarming growth of inequality over the past three decades. Besides causing social tensions, inequality itself can impede sustainable economic ... inequality has become a top political issue. The first story was that the Chinese State Council has proposed revising the income tax rates to reduce the tax burden on the working class while raising ...

    http://www.scmp.com/article/966854/small-change
  3. Tap the potential of the masses to lift growth

    Posted Nov 29th 2011, 12:00am

    ... Vinod Thomas In the diverse forces driving social unrest around the world this year- the Arab Spring, the Occupy Wall Street protests and the growing concerns about inequalities across ... and across Asia, rising inequalities are proving to be a destabilising force. There is also the fear that actions to reduce inequality will block growth itself. That is why it is important to see ...

    http://www.scmp.com/article/986268/tap-potential-masses-lift-growth
  4. Lifestyle - Books - HISTORY

    Book review: Merchant, Soldier, Sage, by David Priestland

    Posted Mar 24th 2013, 12:00am by GDN

    ... in the state; the unconstrained dominance of the merchant caste leads to economic instability and inequality, fuelling social conflict and revolution. Most of Priestland's book is devoted ... or, as he calls them, "castes"- each with its identity and purposes rooted in an ethos closely linked to occupation and social function. The first of these is the merchant caste ...

    http://www.scmp.com/lifestyle/books/article/1197114/book-review-merchant-soldier-sage-david-priestland
  5. Charity events would not be out of place in a democratic socialist society

    Posted Nov 03rd 2011, 12:00am

    ... to help the disadvantaged in our society. Moreover, in a society where wealth inequality is so great, it is inevitable that most charities largely depend on support from big corporations or rich ... of authoritarian socialist regimes have greatly affected how people understand socialism. Ms Cheng seems to think that people like me, who are attracted by left-wing ideas, believe we need not care about ...

    http://www.scmp.com/article/983721/charity-events-would-not-be-out-place-democratic-socialist-society
  6. Halting the slide

    Posted Jun 25th 2007, 12:00am by Philip Bowring

    ... inequality comes as no surprise. Hong Kong is heading for the Latin American level of inequality, rather than that of recently developed East Asia or old Europe- or even the US. But the data does ... over HK$40,000 a month and under HK$4,000. The international standard measure of income inequality, the Gini co-efficient- in which 0 is perfect equality and 1 is total inequality- has risen ...

    http://www.scmp.com/article/598082/halting-slide
  7. Helping the poor for the welfare of all

    Posted Oct 18th 2004, 12:00am by Staff Reporter

    ... Hong Kong's welfare payments are not generous by any stretch of the imagination, but they do provide the bare minimum in terms of a social safety net, even after recent cuts were instituted. However, this does not mean Hong Kong has no worries where poverty and inequality are concerned. As seen in statistics released by one of the city's biggest umbrella groups for social ...

    http://www.scmp.com/article/474553/helping-poor-welfare-all
  8. Reducing the wealth gap will help HK thrive

    Posted Jun 19th 2007, 12:00am by Staff Reporter

    ... Governments all over the world worry about income inequality, fearing that the wider the gap between the haves and have-nots, the more likelihood of social discontent. But figures released ... for complacency. Inequality of wealth is not a new concept. The gap between the super-rich tycoons of today and the poorest employee is not as great as a century ago, given the benefits the government ...

    http://www.scmp.com/article/597390/reducing-wealth-gap-will-help-hk-thrive
  9. A fair chance at a decent job: is it too much to ask?

    Posted Jun 06th 2011, 12:00am

    ... 90 per cent are widening, with the middle class squeezed in between. There are limits to how much inequality a society's social fabric can bear. The limits are approaching or have been ... the current growth model has become economically inefficient, socially unstable, environmentally damaging and politically unsustainable. People are rightly demanding more fairness. Yet, ...

    http://www.scmp.com/article/969837/fair-chance-decent-job-it-too-much-ask
  10. Wage calls grow as wealth gap widens

    Posted Jun 20th 2007, 12:00am by Staff Reporter

    ... Loretta Fong Calls for a minimum wage grew yesterday, a day after new government figures showed the city's wealth gap had widened further. Social workers and academics blamed the lack of wage protection for the low-paid amid a migration of jobs to the mainland for the growing disparity. The latest household income statistics showed inequality in the city as measured ...

    http://www.scmp.com/article/597476/wage-calls-grow-wealth-gap-widens

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