Economic Inequality – Trends, Traps and Trade-offs

Medani P. Bhandari, Shvindina Hanna

• Publisher: River Publishers
• Year: 2022
• Print ISBN:
  9788770223911
• eBook ISBN:
  9781000796704
• Topic: Economics
• Subtopic: Energy
• Index: Economics

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).

Table of contents

• Cover
• Half Title
• Series
• Title
• Copyright
• Contents
• Dedication
• Preface
• Forewords
• Endorsements
• Acknowledgement
• List of Figures
• List of Tables
• 1 Trends, Traps and Trade-offs of Economic Inequality—A Growing Pattern and Concern
• 2 Liberal Socialism: Path Forward to Reset the CORONOMICS
• 3 On the Unified Index for Balanced Development and Inequalities Level Estimation
• 4 Sustainable Development Goals as a Roadmap for Territorial Development
• 5 Financialization as a Determinant of Income Inequality: The Case of Eastern European Countries
• 6 Poverty and Inequality in Access to Housing in Mexico City During Neoliberalism
• 7 Inequality in the Distribution of Income as at Threat to the Sustainable Development of United Territorial Communities in Ukraine
• 8 A Moral and Pragmatic Analysis of Debt and North-South Economic Inequality
• 9 The Relationship Between Inequality and Socio-Economic Drivers as a Tool for Sustainable Territorial Development
• 10 Financial Inequality in Territorial Communities: International Experience and Case-Study of Ukraine
• 11 Child Labor Use in Forest Resources Collection and Its Implications on Fertility Preferences in Nepal
• 12 Conclusion—The Unpredictable Direction of Economic Inequality
• Word Phrase Definitions and Abbreviation
• Word Index
• Authors Biographies