Davies, James B.; Sandström, Susanna; Shorrocks, Anthony F. - 2008
There has been much recent research on the world distribution of income, but also growing recognition of the importance … of world wealth is found in each of North America, Europe, and the rich Asian-Pacific countries. These areas account for … virtually all of the world's top 1 per cent of wealth holders. On an official exchange rate basis India accounts for about a …