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Inequality in sentence

2932 examples of Inequality in a sentence

Similarly, poor people in a growing economy tolerate inequality for a while, because they believe “that eventually the disparities will narrow again.”
The challenges that Ramaphosa has inherited – rising inequality, a growing wage gap, and jobless growth – are not unique, even if they are extreme.
The Complexity of InequalityMUNICH – Since 2013, when Thomas Piketty published his much-discussed study of the distribution of income and wealth, inequality has been at the forefront of public debate in most advanced economies, blamed for everything from slow growth and stagnating productivity to the rise of populism and the Brexit vote.
But inequality remains poorly defined, its effects highly variable, and its causes hotly debated.
Even the most basic question – how much inequality is too much – is virtually impossible to answer.
There is no “natural rate of inequality” characterizing an economy in equilibrium, a level at which policymakers can aim.
Instead, countries’ rates of inequality are measured against one another – a narrow approach that ignores everything from broader economic trends to differences in the impact of wealth inequality on populations in different social environments.
At a time when everyone seems to be complaining about inequality, wealth is, at the global level, more broadly distributed than ever.
On the national level, inequality is rising, but only in some places.
In the emerging economies, the share of wealth owned by the middle class is increasing, indicating a drop in wealth inequality.
It is primarily in the industrialized world that inequality is on the rise, with the share of wealth held by the top 10% growing the most.
Complicating the inequality narrative further are differences across individual economies, including among those that, technically, have similar levels of inequality.
Moreover, Denmark took the top spot in the United Nations’ World Happiness report last year, suggesting that wealth inequality does not trouble Danes too much.
By contrast, in the US, which lacks many of the social protections provided by its northern European counterparts, inequality is very troubling indeed.
The increase in wealth inequality there over the last decade has been the most pronounced of any country.
All of this has important implications for how to tackle inequality.
Simply put, if the causes and impacts of inequality differ across countries, so should the policy prescriptions.
There is, however, one policy prescription that would benefit many of the countries with the highest levels of inequality.
Doing so would certainly be a good start to combating rising wealth inequality.
Until both are addressed properly, the West will remain burdened by sluggish growth, persistently high unemployment, and excessive income and wealth inequality.
Without it, growth falters, job creation is insufficient, and widening income and wealth inequality undermines the social fabric.
On the effects of the globalization of trade in goods and services, the discussion emphasized the costs to domestic employment, wages, and inequality.
In a recent book, Capital in the Twenty-First Century, the economist Thomas Piketty highlights the phenomenon of “meritocratic extremism” – the culmination of a century-long passage from the old inequality, characterized by inherited wealth and discreet lifestyles, to the new inequality, with its outsize bonuses and conspicuous consumption.
To be sure, powerful economic forces – including China’s rise, globalization, high inequality, and soaring property prices – have buffeted Hong Kong since 1997, undermining the city’s competitiveness and contributing to social discontent.
The new government needs to take the pragmatic steps that can overcome the limitations of today’s economic model and save the country from declining growth, higher unemployment, and rising inequality.
The Inequality PuzzleNEW YORK – Over the past decade, income inequality has come to be ranked alongside terrorism, climate change, pandemics, and economic stagnation as one of the most urgent issues on the international policy agenda.
Identifying the best policies for reducing inequality remains a puzzle.
But despite their radically different political and economic systems, the two countries have roughly the same level of income inequality.
In the US, inequality is rapidly worsening.
During the same period, inequality in China has been declining.
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