Together, the specific institutional arrangements associated with the closed loop and the siphoning off of wealth under open borders in the form of capital flight to the global economy exacerbate wealth inequality.Anthony P. DCostaCollege of Business, The University of Alabama in Huntsville, ...
A similar trend of declining wealth inequality can be seen across other European nations including Germany, Switzerland, and Austria in addition to South Korea and Hong Kong. Particularly in developed countries, the wealth gap has narrowed since 2008 as the middle segment experienced faster wealth ...
But inter-country inequality rose when the West advanced with industrialisation and resource extraction from the colonies. That peaked in 1980 when it represented 57% of global inequality. Since then, the rise in income of China, India and other newly independent countries narrowed the gap with th...
Despite progress in reducing underweight among ST women in India, regional disparities and wealth-based inequality in underweight persist. Policies should focus on targeted, region-specific interventions that prioritize economically disadvantaged women, reduce inequality, and improve access to nutrition and h...
The top 1% of income earners in India accounted for an unprecedented 22.6% of the overall income generated in the country between 2022 and 2023, a study by theWorld Inequality Lab (WLI) revealed. India's metric is one of the highest in the world — surpassing levels in the United States ...
Although inequality has tended to increase over the years in fast-growing markets, it has diminished in several developed mature economies and globally. The number of adults in the lowest wealth bracket is in constant decline, while all others are steadily expanding. Across every wealth bracket and...
The utilisation of Reproductive, Maternal, Newborn and Child Health (RMNCH) services remains lower among the Scheduled Tribes (ST) in India than among the rest of the country’s population. The tribal population’s poorest and least-educated households are further denied access to RMNCH care du...
Oct 25, 2024 Africa Wealth Report 2024 Where Wealth is Concentrated in Africa May 14, 2024 Inequality How the Income of India's Richest 10% Surged Mar 27, 2024 Inequality Where Billionaire Wealth Is Concentrated Jan 17, 2024 wealth Where the World’s Ultra Wealthy Reside Sep 11, ...
In the first quarter of 2024, almost two-thirds percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth. Income inequality in the U.S. Despite the idea that...
The data shows that the rise in wealth inequality during the pandemic was reversed in 2022. This reduction can be traced to the relative decline in financial wealth during 2022. Over the longer term, global wealth inequality has fallen this century due to the faster growth...