POLB90H3 Lecture : polb90terms.docx
14 Apr 2012
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Darussalam, cambodia, indonesia, laos, malaysia, myanmar, the philippines, singapore, Anglo american discussions led by u. s. assistant secretary of the treasury harry dexter white and the british treasury representative john maynard keynes began in 1942. These talks as well as intragovernmental planning in both countries led to an international conference held in. Attended by representatives of forty five nations, the conclave produced the blueprints for two new institutions, the international. Monetary fund (imf) and the international bank for reconstruction and development (or. The coefficient varies between 0, which reflects complete equality and 1, which indicates complete inequality (one person has all the income or consumption, all others have none). Graphically, the gini coefficient can be easily represented by the area between the lorenz curve and the line of equality. In this figure, the lorenz curve maps the cumulative income share on the vertical axis against the distribution of the population on the horizontal axis.
