Malaysia’s Gini Index did not move at all in 20 years.
Malaysia is the 3rd most unequal nation in ASIA! We have the 3rd biggest GAP between the rich and poor. We are worse than Philippines, Thailand and even Indonesia. Our rich are very rich and our poor, very poor!
Income Inequality is bad and has to be addressed. Are we talking and thinking about this enough? Do you understand this as an issue or not? Please discuss.
For 40 years, the gap between Rich and Poor did not change much!
What have happened?
(source: World Databank)
1970-1989
1990-2011