The Consumption, Income, and Wealth of the Poorest
This paper provides new empirical
insights on the joint distribution of consumption, income,
and wealth in three of the poorest countries in the world —
Malawi, Tanzania, and Uganda — all located in Sub-Saharan
Africa (SSA). The first finding is that while income
inequality is similar to that of the United States (US),
wealth inequality is barely one-third that of the US.
Similarly, while the top of the income distribution (1 and