Forecasting Gini Coefficients???
So I'm trying to find a good place to potentially move and I've came to the conclusion that I want to be in an area with a high Gini coefficient that not going to trend down over the next few decades. I would prefer for it to be in Europe, but unfortunately social policies have successful in keeping it low. Brazil appears to be at the highest but is trending down...... does anyone know any countries that are destined to have rising gini's? Do you know a good method of forecasting this? Do you think I'm better off staying in America or will it become more and more of a welfare society?
"hey babe, I'mma forecast your gini coefficient" --> guaranteed to get laid
Good idea, I'll have to try that at the meat market this weekend ;)
Brazil is only in 16th position according to this source: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2…
Shockingly and, unfortunately for you, the country is indeed trying to fight extreme poverty, so its Gini coefficient is decreasing.
Therefore you might want to move to Namibia, South Africa, Lesotho, Botswana, Sierra Leone, Central African Republic, Haiti, Bolivia, Honduras or Columbia, the top 10 countries.
Central African Republic looks like a good bet. The country has been at war for a long time, and it's fairly safe from social progress.
Crikey! Chile sure does look promising and maybe South Africa too, though recent policies may shift this downwards! It's worrisome to see Iran right on the United States coattails, it's bad enough we may allow them to get nukes and now this... oh well!
I'll offer you a more constructive answer. You're clearly looking at the wrong index.
Luxembourg is in the bottom 10 countries by Gini coefficient. Would you really prefer living in Sierra Leone than Luxembourg?
Those are much better indices to look at:
Heritage Index of Economic Freedom - http://www.heritage.org/index/ Legatum Prosperity Index - http://www.prosperity.com/Ranking.aspx Fraser Institute Index of Freedom in the World - http://www.fraserinstitute.org/uploadedFiles/fraser-ca/Content/research…
If you aggregate many rankings of freedom and quality of life, you'll basically find two groups of countries:
Anglosphere countries typically have more economic freedom and a less developed welfare state than European countries.
No no, you had it correct before. I want to be liberated from areas that believe in wealth distribution. Africa would sure be a culture shock, but it sure beats the nanny state! I've also been looking for areas with lower HDI, ideally the educational component of it being lacking. Essentially, this would guarantee lower competition in the labor force. Thanks for all the links!
Ah, I didn't realize you were a troll.
Too bad I don't have any monkey shit left...
Call me what you will, but I see my self as a modern day cecil rhodes plotting out the next big opportunity. I've created a simple, yet elegant little metric that I fancy as the real economic fairness index. It is measured in the ratio form as gini/hdi. Seems as though 1.1-1.3 is right around the sweet spot. I also need to check out levels of political corruption. As for the monkey shit, save it for the conformists who don't have the courage to think outside the box.
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