Inequality, causes and possible futures

Abstract

The article discusses the primary determinant factor that affects global inequality. The inequality between developed and developing countries involving economic development levels is the greatest source of global inequality, the author notices. Inequalities are mostly seen and experienced among people in the developing countries. Furthermore, the extent to which countries draw or deviate from the income levels of the developed world is one of the determinant factor of inequality. However, the productive economic growth does not assure an improvement in income distribution. The development of global inequality for the next 50 years will mostly count on national political economy trends which either promote or not on more rapid economic growth.