New insights into the determinants of socioeconomic progress (2/2)

In the previous article, we saw that poverty beats income inequality as the most relevant predictor of a country's future wealth.

During research prepared by the business school INSEAD, Income Distribution and Economic Development: Insights From Machine Learning, machine learning tools were filled with income distribution data from 93 developing and advanced economies from 1988 (household surveys being the source).

With machine learning it was found which measure turned out to is the most trustworthy indication of how a country will look 15 years later. Now let's see what other insights there are.

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New insights into the determinants of socioeconomic progress (1/2)

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New insights into the determinants of socioeconomic progress (2/2)