Global Inequality

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Global Inequality by Mind Map: Global Inequality

1. How well does the global economy function?

1.1. Understanding inequality

1.1.1. Income inequality among regions

1.1.2. Wealth inequality among regions

1.1.3. Inequality among individuals

1.1.3.1. Global inequality of income

1.1.3.2. Inequality of income with countries

1.1.3.3. Wealth inequality among individuals à global wealth pyramid

1.1.3.4. Wealth inequality within countries

1.2. Impact of global poverty & inequality

1.3. Quality of life along levels of development

1.3.1. The bottom of the pyramid

1.3.1.1. Slavery: it still exists

1.3.1.2. Working hard for less than $3 a day

1.4. Origins of contemporary inequality among nations

1.4.1. Development & economic transitions

1.5. Factors influencing varying levels of development

1.5.1. Economic growth

1.5.2. Extractive institutions

1.5.3. Diversity & conflict

1.5.4. Corruption

1.5.5. The resource curse

1.5.6. Climate change

1.5.7. The global economy

1.6. Varying pathways to development

1.6.1. Divergence in Asia

1.6.2. Slow growth or income traps?

1.6.2.1. Is China stuck?

1.6.3. Are we all getting stuck? Wages & workers

1.6.3.1. Wage growth in the US

1.7. Fighting poverty & inequality

1.7.1. National governments

1.7.1.1. Direct economic growth

1.7.1.2. Through social protection programs

1.7.1.3. Ensuring dignity at work

1.7.1.3.1. Guarantee an annual income

1.7.1.3.2. Provide living wage & decent work protections

1.7.1.3.3. Recognize unpaid labor

1.7.1.3.4. Education

1.8. Intergovernmental & non-governmental aid organizations

1.8.1. Target foreign aid

1.8.1.1. Transparency

1.8.1.2. Fragmentation

1.8.1.3. Selectivity

1.8.2. Grant more debt relief

1.9. The private sector

1.9.1. Securing financial services: micro-finance

1.10. Patient capitalism

1.10.1. Corporate social responsibility

1.11. World Economic Forum on Africa: big business & the bottom of the pyramid

1.12. Closing the gap through fair trade