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Why Inequality Starts Becoming A Problem Now

Economics Explained

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The Rise of China's Income Inequality

Global income inequality started going backwards about a decade and a half ago. The biggest driver of the reduction in global inequality has been Asia-Pacific economies. But as this was happening, something interesting was happening within these countries. Their inequality was rising - making them less equal at the same time. Is there an optimal level of inequality to maximise prosperity for all? And if there is, how do we get to it?

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