Summary of Inequality – UN expert_Notes

Summary of Inequality – UN expert_Notes -...

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Summary of Inequality rising despite promises of globalization – UN expert Main idea: Inequality is rising, despite globalization and liberalization. Inequality is growing between countries and within most countries (esp. Africa). Contradicts flat world idea – as consequence of globalization and liberalization, there would be a much more equitable world with equal opportunities. FALSE. Inequality reduces efforts to reduce poverty b/c slower economic growth
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Unformatted text preview: • Remedy was supposed to be create full, productive, and decent employment but cannot reduce poverty by creating jobs. Despite improved economic growth, worldwide decline in number of jobs and increase in unemployment • Question of economics growth is a mater of kind of growth, composition of it, and whom it has benefited....
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