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Economía: teoría y práctica
On-line version ISSN 2448-7481Print version ISSN 0188-3380
Abstract
SHAIKH, Anwar and RAGAB, Amr. El ingreso de la gran mayoría (IGM): Una nueva medida de la desigualdad global entre países. Econ: teor. práct [online]. 2009, n.31, pp.119-127. ISSN 2448-7481.
The aim of this article is to do a critical reflection about de use of economical indicators, as PIB per capita and human development index (HDI), in order to make development comparative measurement across countries. The authors propose a new indicator: the Vast Majority Income (VMI), which shares income with inequality by doing an empirical analysis of comparative development among countries. The outcomes got through this last indicator contrast with those coming from Net National Income per capita. They test and find out that measures of average income are not good instruments to study the vast majority income. Finally, there are some political proposals and show some issues that must be undertaken in the future.
Keywords : new comparative development; measurement across countries; vast majority indicator.