Gini back in the bottle (The Economist)

Gini back in the bottle – An unequal continent is becoming less on, published by The Economist (10/2012). “Ms Martins’s sucess is striking, even in Santa Marta. But it mirrors a trend that has swept the whole of Latin America. Poor people’s incomes have surged over the past decade, leading to a big drop in inequality. In most Latin American countries the Gini coefficient in 2010 was lower than in 2000. The region’s average, at 0.5, is down from almost 0.54 a decade ago, and lower than at any time in the past 30 years, though still high relative to other regions…” http://econ.st/RRu4Kg