Emerging countries are playing a growing role in the world economy. It is a role that is expected to be even greater in the future. It is important, therefore, that any comprehensive assessment of inequality trends worldwide considers the emerging economies. The emerging economies represent a highly heterogeneous group, in terms of economic size, population, levels of per capita income and growth performance over the past decade.
China and India, for example, are among the largest economies and the two most populous countries in the world, while Argentina and South Africa are considerably smaller economies. Moreover, the EEs have reached different stages of development, with the variation among their incomes being similar to that among the 34 OECD countries. Their long-term patterns of development also differ. inequality trends show wide differences across EEs. At one extreme, strong output growth during the past decade went hand-to-hand with declining income inequality in two countries (Brazil and Indonesia). At the other extreme, four countries (China, India, the Russian Federation and South Africa) recorded steep increases in inequality levels during the same period, even though their economies were also expanding strongly. Argentina is the only country where inequality was broadly stable.
http://www.oecd.org/dataoecd/
China and India, for example, are among the largest economies and the two most populous countries in the world, while Argentina and South Africa are considerably smaller economies. Moreover, the EEs have reached different stages of development, with the variation among their incomes being similar to that among the 34 OECD countries. Their long-term patterns of development also differ. inequality trends show wide differences across EEs. At one extreme, strong output growth during the past decade went hand-to-hand with declining income inequality in two countries (Brazil and Indonesia). At the other extreme, four countries (China, India, the Russian Federation and South Africa) recorded steep increases in inequality levels during the same period, even though their economies were also expanding strongly. Argentina is the only country where inequality was broadly stable.
http://www.oecd.org/dataoecd/
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