Nancy Birdsall, "Life is Unfair: Inequality in the World," Foreign Policy, No
نویسنده
چکیده
Exactly 150 years after publication of the Communist Manifesto, inequality looms large on the global agenda. In the United States, the income of the poorest 20 percent of households has declined steadily since the early 1970s. Meanwhile, the income of the richest 20 percent has increased by 15 percent and that of the top 1 percent by more than 100 percent. In Asia, the high concentrations of wealth and power produced by strong growth have been given a new label: crony capitalism. In Russia and Eastern Europe, the end of communism has brought huge income gaps. In Latin America, wealth and income gaps already the highest in the world in the 1970s widened dramatically in the 1980s, a decade of no growth and high inflation, and have continued to increase even with the resumption of growth in the 1990s.
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http://www.cgdev.org The Center for Global Development is an independent think tank that works to reduce global poverty and inequality through rigorous research and active engagement with the policy community. Use and dissemination of this Working Paper is encouraged, however reproduced copies may not be used for commercial purposes. Further usage is permitted under the terms of the Creative Co...
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