Future of Consumption

You say income, we say consumption: the difficulty in measuring inequality

The Canary Wharf financial district is seen in east London November 12, 2014. Britain's Financial Conduct Authority (FCA) said on Wednesday it has imposed fines totalling $1.7 billion on five banks for failing to control business practices in their G10 spot foreign exchange trading operations. Under the terms of the settlement, Citibank will pay $358 million, HSBC $343 million, JP Morgan Chase $352 million, Royal Bank of Scotland $344 million and UBS $371 million. REUTERS/Suzanne Plunkett (BRITAIN - Tags: BUSINESS) - RTR4DUTS

Measuring income inequality remains problematic. Image: REUTERS/Suzanne Plunkett (BRITAIN - Tags: BUSINESS) - RTR4DUTS

Christoph Lakner
Economist in the Poverty and Equity Global Practice, The World Bank.
Mario Negre
Senior Economist, World Bank Development Research Group
Ani Silwal
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Future of Consumption

Comparing income and consumption inequality in Europe and Central Asia.
Image: World Bank
The Top 1 Percent Income Share, Selected Economies.
Image: World Bank
Comparison of Top Incomes and the Gini Index, Brazil, 2006-12.
Image: World Bank
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Related topics:
Future of ConsumptionEconomic Progress
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