addition to its direct effect on poverty‚ inequality also effects poverty indirectly through its impact on growth. Initial cross-country studies found that greater initial income inequality actually reduces future growth even after controlling for initial levels of GDP and human capital. Evidence predominantly suggests that inequality is bad for growth. The World Development Report 2000/01 concludes that better distribution is possible without a reduction in economic growth. In other words there is
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Another Inquiry on the Economic Welfare and Poverty in China The trade-off between economic growth and redistribution has become one of the major notes concerning the emerging economies of post-Cold War world. Adding to this struggle the urge to integrate into the international system while keeping the balances right at home has been another macro-level concern. In conjunction such liabilities not only necessitates the examination of fiscal and structural reforms but also the international trends
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Economic Inequality Equality is a foreign concept to nature. Justice and morality do not apply when it comes to the genetic lottery. Is it still survival of the fittest if you’re luck limits your ability to succeed? We lack control over most the factors that pre-determine our fate and govern our lives. I will argue that economic inequality is perfectly just by defending the entitlement theory and distributive justice from the works of Robert Nozick and analyzing the works John Rawls and Michael
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their own perspective. If you ask my ex-wife and myself about our divorce‚ you would get two different accounts of the experience. The same concept of different perspectives can be seen between structural functionalists and conflict theorists. Structural Functionalism focuses on harmony within society. If there is a lack of harmony then society itself is distressed and out of order. Conflict Theory‚ however‚ is concerned with that society is in constant conflict. Whereas‚ for the structural functionalist
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Vietnamese citizens was the famine in 1945. It is said that millions of people starved to death during this period and to fight hunger‚ poor people had to consume everything they could find. The inequality in how people get paid and the inequality in the society itself that prevent people from working and studying. Poor people in Vietnam in the modern society are being looked down and poor children suffer the most because of this. Poverty is an inequality in the society of Vietnam‚ which killed millions
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Racial and Gender Inequality Functionalist Theory Racial inequality evaluated through the functionalist theory would be looked at to provide a function to the working system of a society. One function for racial inequality could be that the inferior race‚ prefers or needs direction by the dominant race. This was a common view in the enslavement of blacks in the south before the civil war. Another functionalist view might try to explain that the inferior race is in fact dangerous to mix with the
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Assignment 1 Approaches to Sociology Introduction Sociologists study human society. Their subject matter includes human behaviour in various social contexts‚ social interaction‚ social institutions and organisation‚ social change and development (Haralmbos‚ Van Krieken‚ Smith & Holborn 1999). For this reason‚ unemployment is an issue which sociologists delve. Unemployment has far reaching affects in all areas of society. Stratification in the areas of age‚ race‚ class‚ gender‚ ethnicity‚ sex and
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Assess the strengths and weaknesses of the functionalist view on society. Functionalism is a consensus perspective‚ whereby society is based on shared values and norms into which members are socialised. For functionalists‚ society is seen as a system of social institutions such as the economy‚ religion and the family all of which perform socialisation functions. A strength of the functionalist theory is that it a macro level structural theory which uses an organic analogy- using the body as
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This essay examines the relationship between inequality and economic growth and whether they are compatible or not. First‚ definitions of economic inequality and how it is measured will be presented‚ then the US’ examples will be taking into consideration when it eventually will be discussed how to boost economic growth and minimizing inequality at the same time There are many different views on inequality and how serious it should be taken. Inequality has been on the agenda of societal debates for
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November 19‚ 2010 NAME: The Statistics of Poverty and Inequality TYPE: Sample SIZE: 97 observations‚ 8 variables DESCRIPTIVE ABSTRACT: For 97 countries in the world‚ data are given for birth rates‚ death rates‚ infant death rates‚ life expectancies for males and females‚ and Gross National Product. SOURCES: Day‚ A. (ed.) (1992)‚ _The Annual Register 1992_‚ 234‚ London: Longmans. _U.N.E.S.C.O. 1990 Demographic Year Book_ (1990)‚ New York: United Nations. VARIABLE DESCRIPTIONS: Columns 1 -
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