Norway Inequality and Poverty
Explain what the Lorenz curves and Gini coefficients say about inequality in the country.
The Lorenz curves of Norway in 2006 and 2016 are closer to perfect equality in comparison to the Lorenz curves of some of the other OECD countries we looked at in class. The curves are pretty similar, and they say that Norway is fairly close to perfect equality.
Norway's Gini coefficient for 2006 was 0.264 and it increased to 0.285 in 2016. The Gini coefficients for both years indicate that Norway is somewhat close to perfect equality.
What information on absolute and relative poverty levels in the country can you find?
8% of the population lives in relative poverty. I wasn't able to find any specific information on absolute poverty, all I found was that it is rare in Norway.
Include a Works Cited list for sources besides the World Bank Open Data website.
How's Life in Norway. OECD Better Life Initiative, 2018. <https://www.oecd.org/norway/Better-Life-Initiative-country-note-Norway.pdf>.
“An Inside Look at Poverty in Norway.” The Borgen Project, Borgen Project Https://Borgenproject.org/Wp-Content/Uploads/The_Borgen_Project_Logo_small.Jpg, 11 July 2020, <borgenproject.org/look-poverty-norway/>.
Comments
Post a Comment