/Tag: Inequality

Inequality is a global crisis. Here’s how we can tackle it.

The hollowing out of the middle class, rising social and political tension, lack of education, globalization, and rapid technological change are just a few of the many drivers of growing income inequality. “Inclusive growth is one of the critical challenges of our time,” IMF Managing Director Christine Lagarde said at a recent event on income

Here Are Some Predictions for Automation and Income Inequality

The effect that technological change will have on income inequality globally can be better understood and predicted by using economic complexity. Inequality Inequality is present in today’s development discussions for two reasons. First, it has been argued that inequality has both increased and decreased since the Industrial Revolution, with conflicting datasets and term definitions. Using

Watch: Bernie Sanders hosts a town hall on inequality

Sen. Bernie Sanders’ televised town hall on economic inequality drew about 1.7 million live viewers during an online broadcast Monday night. The panel-discussion-style event, called “Inequality in America: The Rise of Oligarchy and Collapse of the Middle Class,” exceeded the viewership of Sanders’ first live town hall on single-payer health care in January.  The broadcast provided the Vermont independent with

Investors ignore income inequality at their peril

You've heard of the wealth gap. And you probably know it's growing worldwide, including in the U.S., where the measure is now as wide as it is in Russia. But did you know how wide? According to a recent study from the National Bureau of Economic Research, almost 40 percent of U.S. households have zero or negative wealth.

New method to reduce gender inequality at work

In a recently published paper in Gender & Society, Shelley Correll, director of the Clayman Institute for Gender Research, explains the method, which she and her team piloted and found successful while working with several technology companies over the last three years. The method, which Correll dubs “a small wins model,” focuses on educating managers

2018-01-01T16:47:23-05:00Tags: |

Women get less credit than men in the workplace

New research from the University of Delaware’s Kyle Emich suggests that women receive less credit for speaking up in the workplace than their male counterparts. Emich, an assistant professor of management in UD’s Alfred Lerner College of Business and Economics, explored this topic with the University of Arizona’s Elizabeth McClean, Boston College’s Sean R. Martin

2017-12-21T11:06:20-05:00Tags: |

Water Is Power

In India, the installation of toilets comes with no guarantee that people will use them. Again and again, government agencies and nonprofit organizations have brought clean sanitation facilities to rural villages, only to find that villagers continue the endemic practice of open defecation. Researchers have established that eliminating open defecation is not just a logistical

Financial stress of employees costs US $250 billion in lost time

A yearly estimate of around $250 billion in losses can be attributed to the effects of financial stress, according to new research. Employees spend an average of 13 hours per month worrying about fiscal security, and while employers are keen to focus on financial wellness programmes, earlier studies highlight that low wages are the key

Cities provide paths from poverty to sustainability

Understanding how cities develop at the neighborhood level is key to promoting equitable, sustainable urbanization. New international agreements commit all UN member nations to solving humanity’s greatest challenges over the next few decades, from eliminating extreme poverty and unhealthy living conditions to addressing climate change and arresting environmental degradation. But how we’ll achieve these extraordinary

2017-07-09T07:10:28-05:00Tags: |

Growth in Africa Has Bypassed Millions

The importance of tackling inequality in Africa cannot be overstated. Inequality is undermining growth and threatens to reverse the gains that have been made in the fight against poverty. Four of the world’s five most unequal countries are in Africa. In South Africa, three billionaires own the same wealth as the poorest half of the

Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

In 1980, Jim Baron, now a professor at the Yale School of Management, and William Bielby, now a professor at the University of Illinois, published a seminal article on firms and inequality. In it, the authors, both sociologists, made a compelling argument that, to understand labor market outcomes like inequality, it wasn’t enough to look

2017-04-02T05:26:02-05:00Tags: , , |

Is technology contributing to increased inequality?

As global poverty continues to decline, another issue emerges. According to the World Economic Forum, rising income inequality and the polarization of societies pose a risk to the global economy, and may lead to increased polarization and lack of political stability. This, however, is not a global problem. In developing countries, inequality is decreasing and the amount of people

What income inequality is doing to Americans’ life spans

Two trends stand out in new projections of life expectancy in developed countries released  last week by the Lancet:  The United States, with large income inequalities and a host of other social issues that affect health, is falling farther behind most other wealthy nations. From 2010 to 2030 it will experience among the smallest increases

2017-03-03T07:54:08-05:00Tags: , |