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This may be due to the state of the current social system, which bear other types of inequalities such as economic, racial and gender inequality. A lack of health equity is also evident in the developing world, where the importance of equitable access to healthcare has been cited as crucial to achieving many of the Millennium Development Goals ...
This is a list of countries and territories by income inequality metrics, as calculated by the World Bank, UNU-WIDER, OCDE, and World Inequality Database, based on different indicators, like Gini coefficient and specific income ratios. Income from black market economic activity is not included.
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
Buildings in Rio de Janeiro, demonstrating economic inequality. Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods, [1] a lower population-wide satisfaction and happiness [2] [3] and even a lower level of economic growth when human capital is neglected for high-end consumption. [4]
Another concept of international inequality in the context of development can be found in the notion of dualism in the world, understood as "the coexistence of two situations or phenomena (one desirable and the other not) that are mutually exclusive to different groups of [international] society — for example, extreme poverty and affluence ...
The GDP data is based on data from the World Bank. [3] The population data is based on data from the UN. [4] The Wealth Gini coefficients from 2008 are based on a working paper published by the National Bureau of Economic Research. [5] The Wealth Gini numbers for 2018, 2019, and 2021 come from the Global Wealth Databook by Credit Suisse. [6] [7 ...
The World Economic Forum finds that the Fourth Industrial Revolution, which has involved rapid globalization and technological advancements, has led to increased inequality. [1] For example, the World Economic Forum notes that the top percent of US earners made 158% more in 2018 than in 1979, whereas the bottom 90 percent of earners made only ...
As for gender inequalities, excluding China, economic inequalities between men and women have been steadily narrowing worldwide since 1990, although equal parity is far from being achieved: on average, men earned 2.22 times more than women in 1990, compared with 1.86 times more today. [10]