Diagnosing causes of inequality crucial for ASEAN
Economist with the Economic Research Institute for ASEAN and East Asia (ERIA)
One startling figure about recent global growth is that 82 percent of all the wealth created last year went to the top 1 percent. After focusing on economic growth for a number of decades, developed and developing countries alike have been increasingly concerned with equality.
While globalization has led many developing countries to higher levels of income, it has also increas...
Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.
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