Economic Inequality Trends Traps And Trade Offs

The book “Economic Inequality – Trends, Traps and Trade-offs” presents the unexplored issues of economic inequality, including case studies of various countries. Inequality is a chronic divisive factor of society. It is well known that inequalities (such as economic, social, cultural, religious, geographical, etc.) have been omnipresent in human society. Inequalities can be found within each family, each community, and each nation and thus globally. Inequality is a major cause of political, economic, social instability, and creates crisis and conflict within society. A major cause of inequality is unequal, uneven, biased, power centric distributions of human economic, social, political, cultural and spiritual human necessities.The edited book examines the major parameters of the socio-economic issues of inequality and focuses on the key economic issues of inequality, namely, income and wealth distribution, equity & equality of outcome, and equality of opportunities. Economic inequality is measured by wealth, income dsiproportions in distribution and consumption patterns in a specific area. Mostly, inequality is measured using various statistical tools including the Gini Coefficient, inequality adjusted human development index, 20:20 ratio, Palma ratio, Hoover index, Galt score, Coefficient of variation, Theil index, wage share etc. However, not all income can be measured by these tools. By using case studies, this book encourages us to reframe economic development through the lens of growing inequalities and disparities. Economic growth per se is disproportional, and the efforts of scholars, practitioners and policymakers should be directed to empower the marginalized of society in a way that ‘no one should left behind’ (UN Slogan).

The book presents unexplored issues of economic inequality, including case studies of various countries. This book book examines the major parameters of the socio-economic issues of inequality and focuses on the key economic issues of inequality, namely, income and wealth distribution, equity & equality of outcome, and equality of opportunities.

Climate change has far-reaching consequences beyond its environmental impact. It also significantly affects human social and mental well-being, both at individual and community levels. Addressing the social and mental well-being impacts of climate change requires a multi-faceted approach that includes both mitigation and adaptation strategies. This involves reducing greenhouse gas emissions, supporting sustainable development, building climate-resilient communities, enhancing social support systems, and investing in mental health services to address the specific challenges of climate change. In this groundbreaking exploration, Impact of Climate Change on Mental Health and Well-Being transcends the traditional discourse on climate change by delving into its repercussions on the social and mental fabric of our communities. From the foundational examination of the connections between climate change, social stability, food security, and mental health to the nuanced exploration of eco-anxiety, ethical dilemmas, economic instability, and climate-induced migration, this work leaves no stone unturned in its quest for knowledge. The book not only identifies the problems but also offers solutions. By emphasizing a multi-faceted approach, it advocates for reducing greenhouse gas emissions, sustainable development, climate-resilient communities, and robust mental health services. It empowers readers—academics, professionals, policymakers, and the general informed public—to take actionable steps toward a sustainable and mentally resilient future. The interdisciplinary nature of this work makes it a valuable resource for graduate and postgraduate students, professionals in various fields, educators, and policymakers.

This report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. The analysis pays particular attention to poverty and labour market trends, as they mediate the distributional impacts of the major trends selected. It also provides policy recommendations to manage these megatrends in an equitable manner and considers the policy implications, so as to reduce inequalities and support their implementation.

Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Inside Inequality in the Arab Republic of Egypt: Facts and Perceptions Across People, Time, and Space comprises four papers prepared in the framework of the Egypt inequality study financed by the World Bank. The first paper, by Sherine Al-Shawarby, reviews the studies on inequality in Egypt since the 1950s with the double objective of illustrating the importance attributed to inequality through time and of presenting and compare the main published statistics on inequality. The second paper, by Branko Milanovic, turns to the global and spatial dimensions of inequality. The Egyptian society remains deeply divided across space and in terms of welfare, and this study unveils some of the hidden features of this inequality. The third paper, by Paolo Verme, studies facts and perceptions of inequality during the 2000-2009 period, which preceded the Egyptian revolution. The fourth paper, by Sahar El Tawila, May Gadallah, and Enas Ali A.El-Majeed, assesses the state of poverty and inequality among the poorest villages of Egypt. The paper attempts to explain the level of inequality in an effort to disentangle those factors that derive from household abilities from those factors that derive from local opportunities. Inside Inequality in the Arab Republic of Egypt provides some initial elements that could explain the apparent mismatch between inequality measured with household surveys and inequality aversion measured by values surveys. This is a particularly important and timely topic to address in light of the unfolding developments in the Arab region. The book should be of interest to any observer of the political and economic evolution of the Arab region in the past few years and to poverty and inequality specialists interested in a deeper understanding of the distribution of incomes in Egypt and other countries in the Middle East and North Africa region. World Bank Studies are available individually or on standing order. The World Bank Studies series is also available online through the Open Knowledge Repository (https://openknowledge.worldbank.org/) and the World Bank e-Library (www.worldbank.org/elibrary). Book jacket.

This edited book presents some unexplored issues of economic inequality, including case studies of various countries. Inequality is a chronic and divisive factor of society. Inequality exists as an integral attribute of human development. Communities, nations, and systems are not evolving at the same speed and rate and thus require different resources in different amounts. However, the distribution of winnings is also uneven due to the multidimensionality of influencing factors.When we talk about inequality, it is not just inequality of income or wealth; it is first, inequality in access to priorities and human needs – to shelter, to clean water, air, health care, and also to appropriate vaccination systems and assistance, security systems and safety guarantees for the future. Past financial crises and the current pandemic shock has revealed bugs in the system, shaking it and changing our perception of the norms.We may have no doubts that inequality is an unsolved problem, but now we need to find out - is it unbeatable? There is still lack of knowledge around how inequality has been grounded throughout human civilization, why society is stratified and classified, economically, politically, socially, and religiously; and why the discrimination due to gender, sexual orientation, country of origin, language differences, immigration status, caste, race and ethnicity? This book addresses these issues in a holistic way as well as including case studies of various countries. It tries to find out why inequality has been unbeatable and what would be the best policies to overcome this challenge.

The study of women and society involves the exploration of the intersection of gender, social structures, and cultural norms that shape women’s experiences in society. This interdisciplinary field examines the social, political, economic, and cultural factors that contribute to gender inequality and explores strategies for promoting gender equality and women’s empowerment. Written by global scholars in the social sciences, Women and Society includes five chapters that provide a comprehensive overview of various topics related to women’s role in society. It examines the many ways in which women have been marginalized and continue to be oppressed in society. The book covers a wide range of topics, including the role of female characters in literature, the practice of female genital mutilation, the impact of government support agencies on women’s entrepreneurship, the effects of being child-free on family resilience, and the different branches of feminism. It is an essential resource for anyone who wants to learn more about the challenges women face and the work that still needs to be done to achieve gender equality. This book is a valuable resource for scholars, researchers, and policymakers working in the field of gender studies and women’s empowerment. The book covers a wide range of topics related to women’s role in society and provides critical analysis and insights into the challenges and opportunities that women face in different cultures and societies.