This paper focuses on the income disparities in Latin America1 and includes a discussion of the background and history of inequality in the region, its main causes, a review of the data about inequality in different Latin American countries and the trends, the consequences of high-income ...
Highlighted are leading causes of the disparities entrenched in public policy with no solution. This paper submits that no single solution exists; rather a shift in American regime values is warranted. Looking through the lens of two key bureaucratic leaders, transactional and transformational ...
We examine three dimensions of spatial inequality in Latin America and the Caribbean (LAC): between rural and urban areas (rural鈥搖rban divide), between large or capital cities and secondary cities (metropolitan bias or centralization) and within urban areas (urban segregation). As a first ...
In 1915, a statistician by the name of Willford I. King expressed concern over the fact that approximately 15% of America’s income went to the nation’s richest 1%.3A more recent study by Thomas Piketty and Emmanuel Saez estimates that, in 1913, about 18% of income went to the top 1...
We explain economic inequality from a historical perspective, and then consider the effects of wealth inequality and income inequality in America today.[1]The key here is realizing:Capital has been outpacing economic growth (and thus wages) since the 1980’s and contributing to a global income ...
In that framework, income disparities grew substantially: the Gini coefficient for the GBA rose from 0.345 in 1974 to 0.430 in 1981. Poverty did not increase much, and the economy grew at an annual rate of 1.3% per capita between 1976 and 1981. This episode contains the first of the ...
An equitable distribution of wealth gives all citizens a fair opportunity to become successful. “Income disparities have become so pronounced that America’s top 10 percent now average more than nine times as much income as the bottom 90 percent. Americans in the top 1 percent tower stunningly ...
Bourdet, Yves. 1998. The dynamics of Regional disparities in Laos: The poor and the Rich.Asian Survey38(7): 629–652. ArticleGoogle Scholar Buckley, Peter J., L. Jeremy Clegg, Adam R Cross, Xin Liu, Hinrich Voss, and Ping Zheng. 2007. The determinants of Chinese Outward Foreign Direct...
The gender wage gap refers to pay disparities between men and women doing the same work. There is also a racial wage gap. Congress didn't take major action to address the gender wage gap until the passage of the Equal Pay Act in 1963, although the "Equal Pay for Equal Work" movement ...
Argentina, for instance, entered the ranks of middle-income countries in the 1960s, while countries like Brazil and Chile also reached middle-income levels in the first half of the 1970s. However, after the 1980s, significant disparities emerged between Latin America and Japan/South Korea in ...