Inequality
in sentence
2932 examples of Inequality in a sentence
As Hobsbawm predicted, skyrocketing income
inequality
has emerged as a major cause of rising nationalism, anti-globalization sentiment, and even the shift toward authoritarianism.
The next US administration will only prove successful if it grasps that Latin America is living through a moment that combines the best and worst aspects of its history: the fastest economic growth since the 1970’s, with poverty and
inequality
diminishing, and more democratic and respectful of human rights than ever before, but becoming more politically polarized.
Squandering that capital has the opposite effect: the United Nations Development Programme reports that gender
inequality
costs Sub-Saharan Africa, to name one example, $95 billion (or 6% of GDP) per year, on average.
But we must acknowledge its existence – and recognize that it is intimately connected to high and rising
inequality
in much of the world.
Moreover, we must address
inequality
head on, by limiting the gap between the richest and poorest.
Of course, imposing caps on executive compensation is a blunt instrument for fighting
inequality.
Consider income inequality, already at record levels in the US.
Exploiting popular discontent fueled by rapidly rising inequality, Bo, who had been widely viewed as a likely candidate for a top leadership position in the Politburo Standing Committee, adopted a neo-Maoist stance that China’s top leadership could not abide.
On one hand, he has been the “conscience of a liberal,” rightly focusing on how government can combat poverty, poor health, environmental degradation, rising inequality, and other social ills.
Japan has spent the last 15 years struggling with slow growth, anemic household demand (especially among poorer families), and rising
inequality
and poverty.
Inequality
not just of income and wealth, but also of perceived political voice and influence, will continue to grow.
Inequality
remains the scourge of our era, with the bargaining power of the lowest-skilled workers severely undermined by automation and developing-country competition.
Higher taxes for the wealthy, together with more “free” (taxpayer-paid) services, was, she argued, the best route to combating
inequality.
In fact, data on emigration and
inequality
suggest that developing countries with lower levels of
inequality
are threatened by "human capital flight," as thousands of their most talented people remain abroad after studying at elite universities-a bane across Africa.
So poor countries must either suffer the loss of people essential to their institutional development or tolerate higher levels of inequality, with the political and economic consequences that follow.
Now that employers have new tools for recruitment and assessment, they may find low-skilled workers easier to replace, potentially worsening income
inequality
in the short run.
Second, under her leadership, the IMF has also addressed the broader question of income
inequality.
The rise in income and wealth
inequality
exacerbates the global saving glut (which is the counterpart of the global investment slump).
But make no mistake: There is nothing normal or healthy about economic performance that is increasing
inequality
and, in many countries, leading to a populist backlash – both on the right and the left – against trade, globalization, migration, technological innovation, and market-oriented policies.
Will
inequality
be narrowed by job creation or widen further, causing political upheaval?
A third lesson concerns mounting income
inequality.
But when one considers today’s advanced-country malaise – years of stagnating or declining wages for average workers, growing income inequality, increasing productivity, and consumption supported by debt rather than income – there certainly seems to be ample reason to speculate.
We all pay a price when
inequality
reaches new heights.
In a range of OECD countries, rising
inequality
knocked 6-10 percentage points off overall GDP between 1990 and 2010.
However, this growth has not been inclusive: income
inequality
in cities is higher than the national average in all OECD countries surveyed, except Canada.
As the site of both economic opportunity and disparity, cities are where we must look to tackle
inequality.
Efforts such as the Inclusive Growth in Cities Initiative and the United Nation’s Habitat III conference are helping to turn the tide against rising
inequality
one city at a time.
Escaping the Poverty TrapThe elimination of poverty must remain at the top of the policy agenda in Latin America and the Caribbean, where
inequality
is higher than in any other region and one in five people survive on little more than two dollars per day (as measured by the 1993 purchasing power parity (PPP) exchange rate).
The high level of income
inequality
requires specific poverty reduction efforts.
Poverty rates in the region have fallen slightly in the last two decades, but to reduce the drastic levels of inequality, there needs to be a serious commitment to policies that encourage the poor to acquire the means to escape poverty in the future.
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