Reaction about the challenges and impact of division between the rich and poor countries all over the world in terms of governance in social, economic, and political aspects.
Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods, a lower population-wide satisfaction and happiness and even a lower level of economic growth when human capital is neglected for high-end consumption.
Acknowledged factors that impact economic inequality include, but are not limited to:
Inequality in wages and salaries;
The income gap between highly skilled workers and low-skilled or no-skills workers;
Wealth concentration in the hands of a few individuals or institutions;
