Saturday, June 1, 2019

Essay --

Inequality refers to the differences in living conditions in a society it could alike be defined as an unequal distribution of a countrys resources across its population. Inequality is obviously an important issue, since higher levels of inequality volition usually translate into higher levels of poverty, crime and social unrest. However, it is often ignored by society. This is because people have many misconceptions about inequality and its origins. near argue that there is an equality of opportunity and that its peoples fault if they earn less than they should. However this is a myth, since most hard works low-income students rarely attend college and when they do, they usually attend public universities. Which leaves them at a great disadvantage, so the idea that poor people are poor because they oasist worked as hard or because they are lazy is a very ignorant one, which people choose to believe in order to prune inequality. I decided to explore inequality further because it is deeply rooted in Egyptian society it is one of the few places where you place find luxurious, five-star hotels right next poverty-stricken slums and since the revolution the problem of inequality has been a hot topic in Egyptian society and politics. Egypts Gini coefficient, which is the most commonly employ measure of income inequality, stands at around 30.7 (World Bank 2009). Inequality is seen as limiting to both Egypts potential economic growth and to the desired reduction in poverty. Agricultural economics expert Nadia Belhaj Hassine sums up inequality perfectly in the World Bank review of inequality of opportunity in Egypt Inequality of outcomes, much(prenominal) as in income or education, reects differences in effort an... ...reasing trade liberalization. This includes policies such as tarrif reductions, which have lead to expansions of many economic sectors, which in contort have reduced inequality for urban and rural skilled men, as well as for women ( sex inequality) and has seen increased employment opportunites for women. However, the success of such policies in reduction inequality had its limitations, as at the same time there has been an increase in inequality for unskilled men and for skilled women in rural areas (Chahir & Zaki 2012). It can be said that such trade liberalization policies are partially responsible for Egypts declining income inequality as the expansion of certain sectors has reduced gender inequality and inequality between rural and urban areas, while increasing inequality for men who are unskilled and skilled women in rural areas.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.