Financial and Monetary Systems

The 'elephant curve': A much more complicated story than you might think

The chart, shows how average household incomes have grown between 1988 and 2008 for each part of the global income distribution. Image: REUTERS/Nicky Loh

Adam Corlett

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Financial and Monetary Systems

 Replication of the Lakner-Milanovic global growth incidence curve (‘elephant curve’), 1988-2008
Image: Resolution Foundation
 Global income growth incidence curve if the relative size of each country had remained unchanged, 1988-2008
Image: Resolution Foundation
 Illustrative versions of the elephant chart, excluding certain countries and if the relative size of each country had remained unchanged, 1988-2008
Image: Resolution Foundation
 Income growth in each decile of mature economies, excluding Japan and ex-Soviet satellites / Baltics
Image: Resolution Foundation
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Related topics:
Financial and Monetary SystemsEconomic ProgressInequality
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3 ways we can tackle fragmentation where it matters most, according to the IMF

Kristalina Georgieva

January 27, 2023

46:29
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