Drivers of Economic Inequality
The Drivers of Economic Inequality: A primer
This paper is intended to offer a background of the state and drivers of global economic inequality. The paper is divided into two major parts. The first is descriptive and the second explanatory. The first part provides a snapshot of global economic inequality, along with a discussion of how economic growth and poverty reduction in China (and to a lesser extent India) altered the global distribution of income and wealth. The second major part provides a short analysis of the major drivers of inequality. The overview of the drivers is not exhaustive, however, as there are other contributing factors outside of the reach of a paper such as this.