Global Income Inequality and Savings: A Data Science Perspective

A society or country with income equally distributed among its people is truly a fiction! The phenomena of socioeconomic inequalities have been plaguing mankind from times immemorial. We are interested in gaining an insight about the co-evolution of the countries in the inequality space, from a data science perspective. For this purpose, we use the time series data for Gini indices of different countries, and construct the equal-time cross-correlation matrix. We then use this to construct a similarity matrix and generate a map with the countries as different points generated through a multi-dimensional scaling technique. We also produce a similar map of different countries using the time series data for Gross Domestic Savings (% of GDP). We also pose a different, yet significant, question: Can higher savings moderate the income inequality? In this paper, we have tried to address this question through another data science technique - linear regression, to seek an empirical linkage between the income inequality and savings, mainly for relatively small or closed economies. This question was inspired from an existing theoretical model proposed by Chakraborti-Chakrabarti (2000), based on the principle of kinetic theory of gases. We tested our model empirically using Gini index and Gross Domestic Savings, and observed that the model holds reasonably true for many economies of the world.Comment: 8 pages, 6 figures. IEEE format. Accepted for publication in 5th IEEE DSAA 2018 conference at Torino, Ital

Caste and Gender:: Generalities of Experience

The ways in which the hegemony of the hierarchies of the caste structure are produced and continued are different from the ways in which the hegemony of man over woman is replicated in reproductive heteronormativity. The exclusion of the dalit and the exclusion of the non-normative sexualities work through different structural grids. Yet they intersect at certain spaces. The body of the woman is one very important place where this intersection occurs. Of course, these are logical and phenomenological processes at work at an abstract level. And definitely, these are not the only processes at work. The present paper focuses on, yet one more time, the woman's body as the site where processes of caste and gender intersect. To do this, it reads a story in Bangla. In the process, the standpoints of caste and gender are seen to be constituted by their dissipated enunciations in the social.&nbsp