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Way people benchmark themselves against their peers
- Local measures of inequality are particularly important because of the way people benchmark themselves against their peers. The particular statistic used will depend on social judgements about how the welfare of different individuals should be weighted and on preferences between a larger pie and more equal slices.
Jun 18, 2020 · Local measures of inequality are particularly important because of the way people benchmark themselves against their peers. The particular statistic used will depend on social judgements about how the welfare of different individuals should be weighted and on preferences between a larger pie and more equal slices.
Globally, inequality may be shrinking as economic power shifts and new markets emerge, Milanovic’s most recent research suggests. Within many nations, just the opposite trend is at work: The gap between rich and poor is widening. So where are we on inequality and why does it matter? Why should we care about inequality?
Inequality is thus, without any surprise, an important issue for the IMF in all three of its core activities: (1) lending to support macroeconomic adjustment programs; (2) macroeconomic surveillance, including related policy analysis; and
Nov 12, 2014 · With more detailed analysis of inequities in hand, we asked the team whether they expected the program to reduce inequities, hold them constant, or widen them. This created a surge of interest in results for marginalized groups at midline. Evaluation can lead as well as follow.
Dec 20, 2022 · The additional inequality indicators presented in this paper capture more clearly income disparities among Canadians, by providing a more complete understanding of the dynamic nature of inequality with regards to the ability to afford a basic standard of living.
Why measurement matters in income inequality. Canada, like most industrial countries has its fair share of economists and politicians arguing that Canada has an inequality crisis requiring large-scale, even unprecedented government intervention to solve.
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Inequality is often a significant factor behind crime, social unrest or violent conflict. These are often important contributors to poverty in their own right. Inequalities – even perceived ones – between clearly defined groups, for example according to ethnicity, may be an important issue here.
