For Bangladesh and your country (the same one that you used for Assignment 1) collect and tabulate the following data using the website http://databank.worldbank.org/

. Chart can be taken directly from the world bank website.

1. Per capita GNP and growth rate (from assignment 1)
2. Income distribution in quintiles
3. Gini coefficient or index.
4. % of population below the absolute poverty line. (choose PPP$1.25 or PPP$2)
5. A measure of the poverty gap for the poverty line chosen above.

Use the data collected and additional data as needed to answer the following questions.

1. How is your country faring compared to other countries in the world? Would you consider inequality of income distribution in your country to be amongst the worst in the world? The best? Or just about average?
2. Based on the income level in your country, is the distribution of income as would be expected according to the Kuznets’ Inverted U hypothesis?
3. Plot the Lorenz curve for both countries on the same graph. Be sure to label each axis and all the points on the graph.
4. Which country is poorer? What does the poverty gap tell us about the two countries?

Looking for the best essay writer? Click below to have a customized paper written as per your requirements.