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To study income inequality, 24/7 Wall St. analyzed data from 42 countries to identify those with the widest gaps between the rich and the poor.
What makes countries rich or poor? Nations' economic growth rates differ because of the factors of production they use and the efficient use of their capital and labor resources, or TFP. An economy ...
For one, just 14% of the country's population ages 25 to 64 had a tertiary degree as of 2011, the lowest in the OECD where 31.5% of adults had such an education. Turkey has also struggled to fight ...
Methodology. To determine the countries with the widest gaps between rich and poor, 24/7 Wall St. reviewed data on the Gini coefficient for 218 countries from the World Bank.
Why rich countries get rich and poor countries stay poor? Erik S. has contributed to it. describes how countries become wealthy when governments intervene, protectionism is instilled, and investments ...
In poor countries, the rich and powerful crush the poor and powerless. Think of a poor farmer in Haiti or the Congo today or medieval Europe 500 years ago. Sure, he could, ...
Poor countries experience much more adversity compared to rich nations. From sea-level rise to severe weather, poorer regions are hardest hit even though they produce the least amount of emissions ...
The world’s rich would never accept off-grid, renewable energy themselves — nor should the world’s poor. Consider the experience of Dharnai, a village that Greenpeace tried to turn into ...
A major sticking point at the last U.N. climate change conference, known as COP26, was the matter of how much money rich countries are going to give poor countries to fight climate change.
More progressive tax policies can help narrow the income gap, and most OECD countries have been better able to use those policies to reduce the gap between their rich and poor than Latvia. The ...
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