The International Labour Organisation (ILO) provides a summary of inequality in the G20 countries. It makes important conclusions, including that “income inequality makes it harder for poor families to benefit from economic growth.”
Uma Rani Amara, Senior Economist, Marianne Furrer, Research Officer
If you watch the news or read the papers, chances are you have heard about income inequality. The issue is complex and polarizing. But what does income inequality really mean?
For anyone who’s still in the dark about income inequality, it’s essentially the uneven way in which income is distributed within a population. The rich keep getting richer but everyone else’s income stays the same or decreases.
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