Inequality destroys the benefits of positive economic growth for the poor - inequality significantly increases the probability of being in poverty; and that inequality significantly increases poverty intensity.
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#InequalityMatters #EndPoverty #EconomicJustice #FairGrowth #SocialEquity
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#InequalityMatters #EndPoverty #EconomicJustice #FairGrowth #SocialEquity
EurekAlert!
Inequality destroys the benefits of positive economic growth for the poor
A unique analysis of district-level data reveals why inequality is so destructive to the household consumption welfare of people living below the poverty line. During negative economic growth, the welfare of the poor should be the main focus area.
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