Concept information
Preferred term
Namibia
Definition
- Namibia, formally known as Republic of Namibia, is a country in southern Africa, bordering the Atlantic Ocean, Angola, Zambia, Botswana, and South Africa. Namibia has the highest case of unequal wealth distribution between the poor and the rich, where 1 percent ($1.779 billion) of the wealth is controlled by 10 percent of the Namibian population and the top 10 percent of the rich have control over $9.8895 billion, which is more than half of the wealth of the country. [Source: The SAGE Encyclopedia of World Poverty; Namibia]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Namibia
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