So far as the wiki explains it, Gini Coefficient(abbreviated as GC) is a measure of statistical dispersion intended to represent the inequalities in income, wealth, consumption within a nation or a social group. It is expressed before and after redistribution of wealth. In no inequality, which is theoretically impossible, GC is 0, while, in only a theoretical situation, all wealth belongs to one person in the community, GC is 1.
GC before redistribution of wealth in this country has been steadily increasing since '80s. The most recent data has hit the worst, that is, over 0.6 among the OECD member countries. It has made me so surprised. It might be due to progrss of the population aging and increased contigent employment. The asset bubble in economy also might be a factor for that. The introduction and gradual increase of the consumption tax, a regressive tax system, might be contributory to it as well.
Fortunately, GC after redistribution of wealth still remains lower and in the mid range among OECD member countries. It may mean the redistribution of wealth, ths social security and the redistribution of income by taxation, is still functioning in our country.
We could not be too optimistic for the inequality of economy. In fact, the people is getting generally impoverished in our country. The absurd economic easing since so called Abenomix has caused economic disparity among the people. Now, the government is steadily reducing social security benefits. Together with impoverishment due to inflation without rise in income corresponding to it, reduced social security benefits may result in failure of redistribution of wealth sooner or later.
One of the imminent, or rather already beginning, problems is the lack of workers of nursing care. We have a public insurance for nursing care. More and more individual payments are required in it. The expenditure for nursing care workers is not abundant to pay the workers enough for specialists. The workeres, either Japanese or those from developing countries, won't continue working long time. The aging is in real fast progress in the society. They assume they could benefit from the long term care public insurance established in 2000. Its benefits have been reduced step by step by the government. The service supplier system is not going to function soon. The workers for the service is already insufficient in number already.
The general election is going on in our country. They predict the ruling parties would win in it thanks to the reputation of the 1st female prime minister. Only few know what is going on in our country expressed with GC. The society is facing an absolute aging problem with retired people having impovertized with contigent employment throughout their lives.
