Department of Geography Environment, South China Agricultural University, Guangzhou, China
Mini Review
Income Inequality and its Implications for Global Economic Development
Author(s): Fiao Chen*
Income inequality, defined as the unequal distribution of income among individuals or households within a society, is a complex and persistent
issue that has significant implications for global economic development. The distribution of wealth and income has always been unequal throughout
history, but the extent and consequences of income inequality have become increasingly prominent in recent decades. This essay will examine the
causes and consequences of income inequality, focusing on its implications for global economic development. By analysing various economic and
social factors, we can gain insight into the challenges posed by income inequality and the potential strategies to address them... Read More»
DOI:
10.37421/2375-4389.2023.11.401
Journal of Global Economics received 1931 citations as per Google Scholar report