Income inequality is on the rise—the richest 10 percent have up to 40 percent of global income whereas the poorest 10 percent earn only between 2 to 7 percent. If we take into account population growth inequality in developing countries, inequality has increased by 11 percent.
Income inequality has increased in nearly everywhere in recent decades but at different speeds. It’s lowest in Europe and the highest in the Middle East.
Sep 20, 2019 at 14:37
Income inequality is on the rise
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