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The Gini coefficient is also known as Gini index or Gini Ratio. It measures the degree of inequality in the distribution of family income in a country. [6] A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household.
As of September 2020, the Philippines has a population of nearly 110 million and a population density of 368 per square kilometer. 32% of the population of the Philippines is under 15 years old, and only 22.2% is over 60. In the Philippines, 16.6% of the population lived below the national poverty line in 2018. [8] [9]
Poverty in the Philippines is a complex issue influenced by various factors, including economic inequality, corruption, and inadequate access to education. The disparity in income across different regions and sectors creates significant barriers for many Filipinos, limiting their opportunities for upward mobility.
Social inequality usually implies the lack of equality of outcome, but may alternatively be conceptualized as a lack of equality in access to opportunity. [1] Social inequality is linked to economic inequality, usually described as the basis of the unequal distribution of income or wealth.
This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...
The Atkinson ε parameter is often called the "inequality aversion parameter", since it regulates the sensitivity of the implied social welfare losses from inequality to income inequality as measured by some corresponding generalised entropy index. The Atkinson index is defined in reference to a corresponding social welfare function, where mean ...
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In the Philippines about 47 to 50% of the population can and has access to the Internet. [5] Initially the Philippines only had BBS (Bulletin board system) access, however after March 29, 1994, the Philippine Network Foundation (PHNet) connected the country to the web via Sprint. As of 2010, 29.3 million Filipinos were using the internet.