The study argued that policymakers need to think beyond the Gini coefficient and include measures to address the absolute earnings gap.PHOTO: REUTERS.
KUALA LUMPUR (The Straits Times/Asia News Network): Despite a reduction in official income inequality, the absolute earnings gap between Malaysia's top 20 per cent and their countrymen has nearly doubled, putting more Malaysians in relative poverty.
A new study by Khazanah Research Institute (KRI) released on Monday (Oct 15) argued that policymakers need to think beyond the Gini coefficient - which represents the relative difference in earnings - and include measures to address the absolute earnings gap.
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