Closing Gaps
India is grappling with an increasingly stark divide between its rich and poor.
India is grappling with an increasingly stark divide between its rich and poor.
Our inequality materializes our upper class, vulgarizes our middle class, and brutalizes our lower class. ~ Mathew Arnold. The term…
While 62 per cent of California residents said their finances today were the same as a year ago, those with lower income were more likely than others to say they were worse off financially than a year ago, who expressed dissatisfaction with their finances and said it would be difficult to pay for a $1,000 emergency expense, PPIC reported.
Economic inequality is the most visible and painful aspect of inequality, which can be reduced only by instituting a suitable macroeconomic policy environment. Appropriate fiscal and monetary policies can have a direct impact on income distribution and can also mobilize resources for progressive social policies.
There exists a highly unequal distribution of incomes and assets within countries and between countries. While billions of people enjoy…
