CHILD POVERTY AND INEQUALITY: THE WAY FORWARD

to just over one percent. Similar to the global accounting model, the

rate of change for the poorest 40% of the world population remains

dismal at one percent between 1990 and 2007. The poorest and

richest countries in the world as of 2007 are listed in Table 4

according to the inter-country accounting model under market

exchange rates.

Figure 3. Global Income Distribution by Countries, 1990- 2007

(or latest available) in constant 2000 U.S. dollars

Source: Authors’ calculations using World Bank (2011)

Table 3. Summary Results of Global Income

Distribution by Countries, 1990-^2007

1990 Inter-country Distribution (%) 2000 2007

Q5 85.7 85.2 81.2

Q4 9.6 7.9 9.4

Q3 2.0 3.5 5.6

Q2 1.6 2.1 2.4

Q1 1.2 1.3 1.4

# of observations 173 180 182

% of global

population

97.0 97.6 97.6

% of global GDP 98.3 98.3 98.1

Source: Authors’ calculations using World Bank (2011)