“DIGITAL ECONOMY” Introduction At present‚ we have devoted an effort to describe the impact of Information and Communication Technologies on income distribution in Thailand. Some concepts have aroused as Digital Development‚ Information Society‚ Knowledge-based societies‚ Network Societies…and above all‚ the needs to make the evolution of these theoretical constructs measurable. This effort has served many purposes‚ being the more relevant (a) explaining what was the impact of
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Thus began the 25 years of market-oriented reform in the country . The objective was rapid economic growth which unfortunately came at the expense of social inequality. The former socialist system was alien to social stratification apart from the one determined by the party membership. In that regard up until very recently the social inequality was not recognized as a problem that could even impede the attempts at growth. The Annual Growth rate of GDP in China The Inward FDI to China The
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- - - “WHY DOES INCOME INEQUALITY EXIST?” Submitted to: - Submitted by: - - - - 4. Why does income inequality exist? Income inequality‚ also known as economic inequality or wealth and income differences typically refers to inequality among individuals and society‚ but it can also refer to disparity among countries. There are many reasons for this phenomenon to happen within the societies‚ most of them are often inter-related. However‚ we could say that the most important
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people die from poverty as from lung cancer (Sanders). According to recent data‚ individuals in the lowest-income groups and individuals in the least-educated groups‚ typically experience the worst health. A 2011 report prepared for Sen. Bernie Sanders reported that individuals in the highest income group are expected to live‚ on average‚ six and a half years longer than those in the lowest income group (Sanders). Americans in poverty are more likely to struggle with a wide array of health problems
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more dominant in the work place. If more male workers in the work place were very limited to control over the job. In the work place the gender equality aspects needs to be taken into action for both women and men. For many factors associated with inequality such as education level‚ parental leave‚ and salary. While the country never has women president; to meet the standard gender equality for both males and females. “To achieved equality between males and females‚ since we have had 13 males‚ the
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Income inequality in the last few decades has been increasing. The interesting thing is that the gap between the middle and top is increasing significantly‚ unlike the gap between the middle and the bottom‚ which is staying relatively stable. Rising inequality has advantages and disadvantages to it. One of the significant advantages that it has is that it drives economic growth. Inequality fell during the 2007-2008 economic recession and then recovered when the U.S economy recovered. Another way
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Income Inequality‚ Economic growth and its effects . Abstract “Some people are of the view that income inequality is a necessary part off the growth process‚ that it is generally unavoidable and that policy should focus on ensuring that everyone is doing better rather than focusing on narrowing the income gap” whilst other agrue that it hinders growth. This assignment was carried out to investigate and debate the theoretical and empirical views of the above statement as well as share my own
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factors; land‚ labour and capital. The trade of commodities internationally is consequently indirect factor arbitrage. Income inequality has undoubtedly risen since the 1970’s. When comparing two males in the 90th percentile and 10th percentile in 1970 in regards to wage distribution‚ there was a difference in earnings for the higher wage earner of 3.2 times the amount lower worker’s income. By 2010‚ the same comparison shows an increase to 5.2 times higher wages for the worker in the 90th percentile than
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Pursue Economic Growth while mitigating income inequality I feel that … Singapore is significantly at a crossroad‚ in terms of our society‚ in terms of our demographic‚ in terms of our economic. Unfortunately our forth in economic growth in the last odd years has meant that many many people have left behind. & I think that’s one aspect that we haven’t been able to tackle effectively. Singapore Gini Coefficient 2nd highest in the world amongst developed countries Stark contrast between
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underperforming most other developed countries in areas such as income security
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