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Without economic and social justice, political freedom is hollow.” – Dr. B.R. Ambedkar. India's economy is often praised as a ...
Extreme unfairness erodes trust, discredits markets, and invites rebellion. We are approaching that breaking point. The U.S.
A new regional report highlights sharp disparities in student achievement across Latin America, driven by socioeconomic ...
A World Bank study reveals that despite poverty reduction, wage inequality in the Philippines remains high due to slow growth ...
Numerous factors make this unlikely, but as a thought experiment, we asked ChatGPT what would happen if everyone receiving the same salary were possible.
The Gini coefficient, which is a standard measure of income inequality, remained around 0.42 during this period, suggesting little meaningful change even as per capita GDP rose from $1,907 to $2,481.
How does poverty differ from economic inequality? Poverty is usually defined as not having the means to support basic nutrition, access to safe drinking water, shelter, education, and other needs.
In the UK inequality is high compared to other developed countries. According to the Equality Trust, the UK is the 9th most unequal country in terms of income of the 38 OECD countries.
Income inequality The analysis focuses a lot on the difference in earnings between men and women, with every factor (such as age, education and race) being split by gender.
For income, the economists looked at annual tax tabulations released by both the British and Indian governments since 1922. They found that even during the highest recorded period of inequality in ...