The government initiatives to reduce the inequality in our daily life work very slowly. Give reason?
Answers
Answer:
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Explanation:
This is part of a series on the Global Goals for Sustainable Development, in collaboration with the Stockholm Resilience Centre. This article focuses on goal 10 – Reduce inequality within and among countries
In 2014, Credit Suisse published a new Global Wealth Report that estimated the net worth – both financial and “real” assets like housing – for all the world’s adults. According to the report, the richest 0.7% of adults globally – individuals holding over $1 million in wealth – held about 44% of global net worth. In 2008, the United Nations University (UNU) and the World Institute for Development Economic Research (WIDER) estimated that the Gini coefficient for global wealth inequalities, an index ranging from 0 (complete equality) to 1 (total inequality), was at 0.89. Put another way, this is the value you’d obtain in a population of 10 people if one person had $1,000 and the other nine had only $1.
Inequality emerged as a central issue for the Sustainable Development Goals (SDGs) because of the growing body of evidence that inequalities in income and wealth cause economic instability, a range of health and social problems, and create a roadblock to the adoption of pro-environment strategies and behaviour. Social and economic inequalities tear the social fabric, undermine social cohesion, contribute to environmental problems and prevent nations, communities and individuals from flourishing.
Answer:
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Explanation:
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