The Saga of Income Inequality: A Threefold Problem and an Unfolding Solution?

Diaconescu Ioana Cătălina Bălănică Sebastian
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Diaconescu Ioana Cătălina Bălănică Sebastian: Academia de Studii Economice din Bucureşti, Academia de Studii Economice din Bucureşti

Revista OEconomica, 2021, issue 03

Abstract: Income and wealth disparity is one of the defining problems of our time. In sophisticated economies, the wealth gap between the rich and the poor is at an all-time high. Inequality developments in emerging markets and developing nations have varied, with some countries experiencing declining inequality while others continue with entrenched disparities in access to education, health care, and finance.

Keywords: inequality; poverty; Covid-19; welfare systems; artificial intelligence; universal basic income (search for similar items in EconPapers)
JEL-codes: D63 I18 (search for similar items in EconPapers)
Date: 2021
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