ABSTRACT

While the economy as a whole achieved sustained growth in the last three decades, not all households could benefi t from the economic success. All income inequality measures point to the same conclusion that the income dispersion widened continuously. Before the handover, the Gini Coeffi cient of household income distribution rose from 0.451 in 1981 to 0.518 in 1996. After the handover, the Gini Coeffi cient kept rising but at a slower pace and it stood at 0.537 in 2011.

Key fi nding 1