Tagged inequality

India – one of the cradles of human civilization, an economic powerhouse with the fifth-biggest GDP among all countries, the largest and most diverse democracy in the world. Yet recently, the COVID-centred coverage of international media has reduced this enormously complex nation into an endless series of calamitous scenes of death and suffering wrought by…

Inequality reaches record highs

21/05/2015 (OECD Press Release) – Income inequality has reached record highs in most OECD countries and remains at even higher levels in many emerging economies. The richest 10 per cent of the population in the OECD now earn 9.6 times the income of the poorest 10 per cent, up from 7:1 in the 1980s and…

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