Inequality: Driving Forces and Policy Solutions

By Carlos Gradin and Miguel Niño-Zarazúa

The many faces of inequality

Measuring inequality isn’t as simple as it may seem. We know that since the 1970s global inequality has been falling in relative terms, but absolute inequality has been increasing over the same period. There are also substantial differences in trends across the different regions of the world. In North America, Europe and sub-Saharan Africa inequality has been increasing steadily in both relative and absolute terms, while in Latin America, East Asia, and the Pacific, absolute inequality increased while relative inequality fell. Continue reading “Inequality: Driving Forces and Policy Solutions”