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[111] [112] [113] The effect of economic growth on poverty reduction – the growth elasticity of poverty – can depend on the existing level of inequality. [ 114 ] [ 115 ] For instance, with low inequality a country with a growth rate of 2% per head and 40% of its population living in poverty, can halve poverty in ten years, but a country ...
The Economic Policy Institute (EPI) estimated that greater income inequality added 5.5% to the poverty rate between 1979 and 2007, other factors equal. Income inequality was the largest driver of the change in the poverty rate, with economic growth, family structure, education and race other important factors.
Countries' income inequality as of 2018 according to their Gini coefficients [11] World map indicating the Human Development Index in 2015. Quantitative measurement of the impact of welfare programs on poverty provides different estimates depending on the study design and available dataset.
Poverty and lack of access to birth control can lead to population increases that put pressure on local economies and access to resources, amplifying other economic inequality and creating increase poverty. [253] [90] [254] Better education for both men and women, and more control of their lives, reduces population growth due to family planning.
It reads: “If the current trajectory of deepening poverty and deprivation, widening economic inequality and worsening health continues, millions of people will suffer preventable harm and health ...
The social determinants of health in poverty describe the factors that affect impoverished populations' health and health inequality. Inequalities in health stem from the conditions of people's lives, including living conditions, work environment, age, and other social factors, and how these affect people's ability to respond to illness. [1]
In the age of inequality, such anti-poverty policies are more important than ever, as higher inequality creates both more poverty along with steeper barriers to getting ahead, whether through the lack of early education, nutrition, adequate housing, and a host of other poverty-related conditions that dampen one's chances in life.
Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
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