ERD WORKING PAPER SERIES NO. 8 ECONOMICS AND RESEARCHDEPARTMENT Anil B. Deolalikar April 2002 Asian Development Bank ERD Working Paper No. 8 POVERTY‚ GROWTH‚ AND INEQUALITY IN THAILAND Anil B. Deolalikar April 2002 Anil Deolalikar is Professor of Economics and of International Studies at the University of Washington. This paper stems from RETA 5923: Pro-poor Growth and Institutional Constraints to Poverty Reduction in DMCs. The views expressed in the paper are those of the
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others maintain the opposite. The following paragraphs explore some of the arguments from both pro side and con side. China now is facing a severe social concern with the high level of inequality which may lead to a lot of problems. China’s Gini coefficient‚ a widely accepted measure of income distribution‚ reached 0.473 in 2013. It puts China among the most unequal countries in Asia and at the higher end of the global range. While rich people are enjoying the higher living standards resulted from
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The ST Interview of Associate Professor Aneel Karnani of the University of Michigan in The Straits Times (14 Sep 2011) offers additional thoughts on what’s happening with regards to social inequality in Singapore. Social mobility and social inequality are interlinked. High social mobility is a tool to lower social inequality. According to Professor Aneel‚ income inequality is an inevitable by-product of free market economics. Technology and globalisation are two major factors why there is increasing
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SOCIO-ECONOMIC INEQUALITY A FINAL PAPER IN WORLD GEOGRAPHY John Pascual Magnawa Renee Sangalang Rafael Orayani Joshua De Leon LF105 AB- CDA 2nd Trimester AY 2014- 2015 Ms. Catherine Dee Samaniego I. Introduction Socio-economic inequality refers to how the social factors affect and is influenced by the economic activities. This inequality limits the opportunities to be given to individuals and social groups‚ creating an unequal distribution of income that creates a gap between the wealthy
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Module Code: PM504 2T (SS1) Class/Group: Group A‚ Class F Module Title: Skills for Study 1 Assessment: Essay Assignment Title: To what extent does globalisation economically benefit developing countries? Tutor Name: Graham Henderson Student ID Number: 2059661 Date of Submission: October 25‚ 2012 Globalization is a source of both hope and apprehension‚ especially for developing countries. During the past several decades the greater accesses to developing country markets have improved
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Comparing to the near area‚like Singapore‚Hong Kong’s Gini coefficient is more higher and ranked top in the world.Even the wealth gap is not common in western societies‚however‚it is no doubt that wealth gap has threatened the Hong Kong most. With the change of economic mode in Hong Kong ‚it trend to knowledge-based economy rather than manufacturing industry so that a large number of worker are unemployed immediately‚in the other hand‚a lot of high-class people are benefited by the new mode economy
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The Kingdom of Armorika’s low Gini Coefficient suggests that the economy is stable and there is a market to import technological and luxury items. With a fairly even distribution of wealth firms can expect to have access to large markets. The Kingdom of Armorika provides firms with a market that is educated in making purchasing decisions with an adult literacy rate at 99% and UN Human Development Index(HDI) of .9 . If firms are to create a start in a market and gain a first-mover advantage they will
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2011‚ and the distribution of family income (Gini index) was 31 in 2010. GDP per capita could show South Korea citizens’ income. The current GDP $32100 and is ranked 30th in this world‚ which means South Korean people have enough money to afford coffee‚ so the coffee demand in South Korea may not influenced by the price so much. The Gini index is a standard economic measure of income inequality‚ based on Lorenz Curve. A society that scores 0.0 on the Gini scale has perfect equality in income distribution
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Since the reform and opening policy in 1978‚ China has been showing a rapidly growing economy in her development. However‚ excessive attention to economic development has generated wealth inequalities among rural and urban populaces. Therefore‚ a rigorous problem we are faced with is how to deal with the trade-off between equity and efficiency in the country’s economic development. This essay will present three possible solutions: the privatization of the state-owned enterprises; adjustment of the
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GCE N1995 The Singapore economy grew by 9.2% per annum in the third quarter of 1993‚ inflation was 2.4% per annum and 19000 jobs were created. (Straits Times‚ 13 Nov 93) How far can this information lead you to conclude that there is a rising standard of living in Singapore? [25] Learning Outcome S/no Learning Outcome Checklist 1 Interpret statistical data √ 2 Analyse the limitations of using the indicators to measure economic performance
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