income inequality

Basics
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Rising income inequality burdens minorities in Costa Rica

Costa Rica is one of the happiest and healthiest countries in the world, but is one of few in Latin America that is seeing an increase in income inequality. Experts at the U.N. Development Program say the growing income gap disproportionately impacts the country’s indigenous populations and other minorities.

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China can still reverse inequality before it’s as bad as the U.S.

Income inequality in China is worse than previously estimated, according to a new paper published last week by the National Bureau of Economic Research. Still, it’s not as bad as the U.S. Estimates by the new World Wealth and Income Database (WID.world) – an ongoing project of the authors, economists Facundo Alvaredo, Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman – reveal that China’s richest 1 percent actually holds at least double the share of national income originally reported.

Basics
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Indonesia resolves to tackle inequality in 2017

Indonesian President Joko Widodo announced on Wednesday that narrowing the wealth inequality gap is at the top of this year’s agenda, and he plans to do so primarily by improving access to land, financial services and education for the poor.

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