Do We Need Greater Equality for a More Peaceful Society: Teachers’ Notes What is economic inequality? 1. Income Inequality

It does this by drawing from the evidence presented in The Spirit Level demonstrating the correlation between higher levels of inequality and more violent societies, looking specifically at the experiences of children and young people. [...] Common examples: • 50/10 ratio – describes inequality between the middle and the bottom of the income distribution • 90/10 – describes inequality between the top and the bottom • 90/50 – describes inequality between the top and the middle • 99/90 – describes inequality between the very top and the top 3. [...] Palma Ratio The Palma ratio is the ratio of the income share of the top 10% to that of the bottom 40%. [...] The Palma ratio addresses the Gini index's over-sensitivity to changes in the middle of the distribution and insensitivity to changes at the top and bottom. [...] What is the OECD? The OECD is the Organisation for Economic Co-operation and Development.