Search results
Inequality threatens long-term social and economic development
- Inequality threatens long-term social and economic development, harms poverty reduction and destroys people’s sense of fulfillment and self-worth. This, in turn, can breed crime, disease and environmental degradation.
www.un.org/sustainabledevelopment/inequality/Reduce inequality within and among countries - United Nations ...
Jan 12, 2022 · This article contributes by taking stock and providing an up-to-date overview of the current knowledge on the impact of income inequality, specifically on three important outcomes: (1) economic growth; (2) human development, with a focus on health and education as two of its dimensions; and (3) governance, with emphasis on democracy.
Sep 1, 2002 · We explore the links between inequality and economic growth, as well as between inequality and such key social variables as political conflict, education, health, and crime. The analysis in this paper follows a two-step process.
- Erik Thorbecke, Chutatong Charumilind
- 2002
Jun 24, 2022 · To address the slowdown in growth from an inequality perspective, this study applies a comprehensive dataset with strong comparability and a dynamic panel threshold model to explore the effect of income inequality on economic growth, its channels of influence, and differences in channels due to country differences, considering income level diffe...
- ‘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”.
May 11, 2017 · What we find is that the effect of income inequality on economic growth can be either positive or negative, and that at a particular level of inequality—at a Gini of about 27 percent to be exact—the direction of the relationship changes—that is, where inequality begins to hurt economic development.
Jan 27, 2022 · This study aims to determine whether the effect of income inequality on economic growth is realised through transmission channels theoretically expressed. This relationship is examined for 143 countries and the periods between 1980 and 2017 through positive and negative channels.
People also ask
Does income inequality affect economic growth?
How does inequality affect social and economic development?
How does inequality affect growth in low-income countries?
Is income level an important factor affecting inequality and growth?
How does inequality affect society?
What drives income inequality?
Inequality threatens long-term social and economic development, harms poverty reduction and destroys people’s sense of fulfillment and self-worth. This, in turn, can breed crime, disease and...