United Nations News Centre - Economies will perform better with more even income distribution - UN report - 0 views
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Trends over the last 30 years show income inequality increasing both within countries and between them
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not only for reasons of fairness and social welfare, but because it would improve economic performance,
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More even income distribution also pays off over the long term, it contends, because high inequality deprives many people of access to education and credit, and prevents the expansion of domestic markets. Over years and decades, that amounts to an enormous waste of a country’s economic potential.
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This article on the distribution of income interested me because of the connection to economic growth and development. The efforts to create more equal income distribution are not only good for the population socially, but for helping economic performance. From the article; "This goal is worthwhile not only for reasons of fairness and social welfare, but because it would improve economic performance," says UNCTAD.