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Substantially higher
- Income and wealth inequality in the United States is substantially higher than in almost any other developed nation, and it is on the rise, sparking an intensifying national debate.
www.cfr.org/backgrounder/us-inequality-debate
Nov 1, 2022 · Inequality tends to be greater in developing countries than wealthier ones. The United States is an exception. The U.S. Gini coefficient is much higher than in similar economies, such as...
- Fatema Z. Sumar
Inequality has been on the rise across the globe for several decades. Some countries have reduced the numbers of people living in extreme poverty. But economic gaps have continued to grow as the very richest amass unprecedented levels of wealth.
Global economic inequality is vast and compounded by overlapping inequalities in health, education, and many other dimensions. But economic inequality is not rising everywhere. Within many countries, it has fallen or remained stable.
- ‘The one per cent’ winners take (almost) all. The study shows that the richest one per cent of the population are the big winners in the changing global economy, increasing their share of income between 1990 and 2015, while at the other end of the scale, the bottom 40 per cent earned less than a quarter of income in all countries surveyed.
- Four global forces affecting inequality. The report looks at the impact that four powerful global forces, or megatrends, are having on inequality around the world: technological innovation, climate change, urbanization and international migration.
- Opportunities in a crisis. As the UN’s 2020 report on the global economy showed last Thursday, the climate crisis is having a negative impact on quality of life, and vulnerable populations are bearing the brunt of environmental degradation and extreme weather events.
- Migration a ‘powerful symbol of global inequality’ The fourth megatrend, international migration, is described as both a “powerful symbol of global inequality”, and “a force for equality under the right conditions”.
Dec 18, 2023 · If 2022 was a year of uncertainty, 2023 is the year of inequality. For countries hoping to bounce back from the devastating losses of the COVID-19 pandemic, the battle has been made tougher by the compounding threats.
Aug 28, 2019 · Inequalities within countries and societies – regional differences, racial differences, gender differences, and inequalities across other dimensions – can also be large, and are all beyond any individual’s control and unfair in the same way.
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Jun 17, 2024 · Using the most recent data from the Poverty and Inequality Platform (PIP), the World Bank has identified 52 countries as having high levels of inequality. As the map shows, the countries with high inequality are concentrated in Sub-Saharan Africa and Latin America.
