Inequality and development : an overview
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2013
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Abstract
This chapter analyzes inequality—why it matters, how it is defined, how it has been changing, and how it might be reduced. It considers inequality among people and among social groups, and the issues associated with each. The main focus is on vertical (individual) and horizontal (group) inequality. Income distribution remains important in helping to determine access to various freedoms. The range of policies relevant to reducing inequality is well known, however it does not form much of current policy agenda, largely because of a lack of political support.
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INEQUALITY, GINI COEFFICIENT, INCOME DISPARITY, INCOME DISTRIBUTION, POVERTY ALLEVIATION, ECONOMIC THEORY, DISTRIBUTION, MARKET ECONOMY, EQUAL OPPORTUNITY, GLOBAL, GLOBAL SOUTH, DEVELOPMENT THEORY