Global inequality – highest education level

A Paris-based research agency funded by the world’s developed nations, the OECD analyzes trends in inequality and poverty for advanced and emerging economies and provides country-level data on a variety of indicators, including wealth and income inequality. The organization also examines the drivers of growing inequalities and assesses the effectiveness and efficiency of a wide range of policies in tackling poverty and promoting more inclusive growth. education level completed Luxembourg Income Study

Scholars connected with the Luxembourg Income Study have created a cross-national data archive, for both income and wealth, that seeks to address the challenges of collecting comparable data on world inequality. But this project remains more a basic resource for researchers than a source of information for the general public.

World Wealth and Income Database

This interactive online initiative, originally known as the World Top Incomes Database, offers scholars and the general public alike an accessible window into the income and wealth of the globe’s most affluent. Visitors to the site can graphically compare, over time, the income and wealth shares of the wealthy in over two dozen different nations. secondary level of education And the comparisons enabled can drill all the way to a nation’s most affluent 0.01 percent. Financial Institutions

In more recent years, a number of global financial industry firms have been releasing their own annual calculations on worldwide wealth concentration. These firms include Capgemini and RBC Wealth Management, the Boston Consulting Group, the Singapore-based Wealth-X, the Swiss bank UBS, the German bank Allianz, and the Knight Frank property management group.

Each of the reports these firms produce takes a slightly different approach to tallying up concentrated wealth. Capgemini and RBC, for instance, look at “high net worth individuals,” affluent individuals who hold personal fortunes worth at least $1 million, excluding primary residences, collectibles, and consumer goods. highest level of education if still in high school The Boston Consulting Group analyze millionaire households. Wealth-X and UBS researchers place their statistical emphasis on deep pockets worth at least $30 million.

The most ambitious of all the annual financial industry wealth reports comes out of the Credit Suisse Research Institute in Zurich. Credit Suisse’s estimates the net worth — both financial and “real” assets like housing — for all the world’s adults. Business Media

Branko Milanovic, a senior scholar with the Luxembourg Income Survey now at the City University of New York’s Graduate Center, has done the world’s most rigorous research on the global income inequality picture. highest level of education meaning His research has found inequality increasing within nations, but slightly decreasing for the globe as a whole as middle classes emerge in China and India and the incomes of typical families in the United States and other rich countries stagnate and even, after inflation, decrease. But this slight worldwide decrease in overall inequality, Milanovich cautions, may be somewhat illusory since available national data regularly underestimate top 1 percent incomes and global tax havens conceal still more income at the economic summit. In 2016, Milanovich published Global Inequality: A New Approach for the Age of Globalization, showing how global inequality moves in cycles, fueled by war and disease, technological disruption, access to education, and redistribution. United Nations

In 2006, scholars with the United Nations University’s World Institute for Development Economics Research published the first paper to tally, for the entire world, all the major elements of household wealth, everything from financial assets and debts to land, homes, and other tangible property. This research, based on year 2000 data, found that the richest 1 percent of world adults, individuals worth at least $514,512, owned 39.9 percent of the world’s household wealth, a total greater than the wealth of the world’s poorest 95 percent, those adults worth under $150,145.