RSS Feed

12/12/2014

Topic Reading-Vol.975-12/12/2014

Dear MEL School’s Topic Readers,
Inequality 'significantly' curbs economic growth – OECD
Is it just income inequality? According to research by the organization of the developed countries reports the gap between the rich and poor has been widening for the last two decades. It also suggests that the income gap has been affecting economic growth.
Then what is causing such unfair distribution of wealth and what could be effective countermeasures to the problem? Education. A lack of investment in education seems to have been the key factor behind this rise in inequality. The fewer educational opportunities are, the lower job qualifications or social mobility is. It seems the earlier the better to start investing on education.
Enjoy reading and learning about this rising trend of income inequality.
http://www.bbc.com/news/business-30390232

No comments:

Post a Comment