An Overview of the Inequality around the Global World and Possible Pathways to Address

Xinwei Du ()
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Xinwei Du: Menaul School Qingdao

A chapter in Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022), 2023, pp 281-288 from Springer

Abstract: Abstract The issue of inequality around the globe has been a major problem that impacts the well-being of human, especially for those who live in the disadvantaged economies. With the rapid progression in productivity and global collaboration in the past two centuries, today’s world is still highly fragmented, and each country has its own imminent issue and limitation. In this paper, we reviewed the history of the global inequality since 1800, where we can see drastic improvements in almost every aspect of human’s life, including income, health, education, and gender equality. We further conducted a deep dive in 3 largest and most impactful economies in the world: the United States, China, and India to examine their respective trend and issues to be addressed. At the end of the paper, we proposed several strategic recommendation which aim to improve the situation.

Keywords: fragmented; limitation; availability; demonstrated; unfair (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-098-5_34

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DOI: 10.2991/978-94-6463-098-5_34

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