Monday, October 24, 2005

Gini index

In response to http://economictimes.indiatimes.com/articleshow/1272191.cms

In the world of economists, the indexes are commonplace. Comparison of
the disparity between the rich and the poor is well represented by the
Gini index. Statistically, these valuations hold greater significance
with the rise in the sample size. And it makes such indexes harder to
move. The widely publicized growth rates have little to do to the
population in the remote areas, where many are still in want of water
and food supplies. Money does have a cascading effect, and in spite of
the socialist philosophies of the creators of the constitution, we are
going towards the philosophy that has worked wonders: capitalism. Our
communist strategies have not worked, this is evident in the state if
west Bengal. A high population makes things difficult. Education is
the key to any kind of development.

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