Discussion Paper Details
Please find the details for DP12405 in an easy to copy and paste format below:
Title: Measuring inequality in the Middle East 1990-2016: The World's Most Unequal Region?
Author(s): Facundo Alvaredo, Lydia Assouad and Thomas Piketty
Publication Date: October 2017
Programme Area(s): Public Economics
Abstract: In this paper we combine household surveys, national accounts, income tax data and wealth data in order to estimate the level and evolution of income concentration in the Middle East for the period 1990-2016. According to our benchmark series, the Middle East appears to be the most unequal region in the world, with a top decile income share as large as 61%, as compared to 36% in Western Europe, 47% in the USA and 55% in Brazil. This is due both to enormous inequality between countries (particularly between oil-rich and population-rich countries) and to large inequality within countries (which we probably under-estimate, given the limited access to proper fiscal data). We stress the importance of increasing transparency on income and wealth in the Middle East, as well as the need to develop mechanisms of regional redistribution and investment.
For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=12405
Alvaredo, F, Assouad, L and Piketty, T. 2017. 'Measuring inequality in the Middle East 1990-2016: The World's Most Unequal Region?'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=12405