The book “Economic Inequality – Trends Traps and Trade-offs” presents the unexplored issues of economic inequality including case studies of various countries. Inequality is a chronic divisive factor of society. It is well known that inequalities (such as economic social cultural religious geographical etc.) have been omnipresent in human society. Inequalities can be found within each family each community and each nation and thus globally. Inequality is a major cause of political economic social instability and creates crisis and conflict within society. A major cause of inequality is unequal uneven biased power centric distributions of human economic social political cultural and spiritual human necessities. The edited book examines the major parameters of the socio-economic issues of inequality and focuses on the key economic issues of inequality namely income and wealth distribution equity & equality of outcome and equality of opportunities. Economic inequality is measured by wealth income dsiproportions in distribution and consumption patterns in a specific area. Mostly inequality is measured using various statistical tools including the Gini Coefficient inequality adjusted human development index 20:20 ratio Palma ratio Hoover index Galt score Coefficient of variation Theil index wage share etc. However not all income can be measured by these tools. By using case studies this book encourages us to reframe economic development through the lens of growing inequalities and disparities. Economic growth per se is disproportional and the efforts of scholars practitioners and policymakers should be directed to empower the marginalized of society in a way that ‘no one should left behind’ (UN Slogan). |Economic Inequality � Trends Traps and Trade-offs
