Reduction of income inequality
is key to long-term growth and sustenance not only by encouraging investment in human capital, but also ensuring reduction in the concentration of economic and political power in the hands of a few, who then prevent redistribution of income and wealth.
Noting that societies with higher inequality
tend to have poorly functioning public services, the report pointed out that this is reflected in India's "ridiculously low social sector expenditures on education and health".
declines when carnage and disaster strikes and income inequality
increases when peace and stability return.
Stabile's recent research explores the connection between inequality
and social mobility as well as the relationship between inequality
and publicly financed programmes.
Thus the emergence of a new wave of protest that arise in contexts of high/increased inequality
requires further analysis of the different possible scenarios that might emerge in response to such increased protest.
falls lag behind falls in income inequality
; and the impact of high inequality
is felt for decades
By contrast, what we call "socially harmful" or "bad" inequalities are problematic because they result from limiting individual choice in ways that expand inequality
by limiting overall growth and harming the least well-off.
In this regard he referred to the Pakistan's Vision 2025 which prioritized investments in human capital and social services, recognized the importance of inclusive and balanced growth and shared prosperity aiming at redressal to geographical and social inequality
Pakistan's Vision 2025, which prioritized investments in human capital and social services, recognized the importance of inclusive and balanced growth, and shared prosperity aiming at redressing geographical and social inequality
, he added.
Key developments include: the high growth rate in Asian economies which boosted convergence and helped the rise of the "global middle class," the weakening of the middle class in advanced economies, the rise of the share of the top 1% in global income and wealth, and the associated rise of inequality
in advanced economies.
Evolution of inequality
in Latin America (1980-2014): A Multidimensional Approach Beyond Income
This new edition of his wealth inequality
book is timely, and it's coming to fruition owes much to the enthusiasm and help of his new co-authors, Mike Pottinger and John King.
The present study estimates inequality
of opportunity for Pakistan by using parametric and non-parametric analysis.
Dr Pundarik Mukhopadhaya's analysis on Singapore's income inequality
from 1980 to 2012 is both insightful and comprehensive.
All Australian health professionals need to understand the role of inequality