Mi padlet extremo by Nerea Forcada Pérez

Differences between rich and poor countries

nforcadper — 2024-05-31 06:39:53 UTC

The main difference is the productivity, this makes opportunities such as the innovation and creation of the wealth. Some studies say that the difference of productivity between countries is a consequence of the institutional quality. Also this quality determines the capacity of a country to attract investors.

Inequality between the wealth of the countries

nforcadper — 2024-05-31 06:49:27 UTC

The wealth inequality is spread throughout our world. In Europe the 10% of the European territory owns the 67,5% of wealth, while less than a half of adults own just 1,2% of it.

Gini coefficient

nforcadper — 2024-06-04 09:55:10 UTC

The inequality between countries is measured by the Gini coefficient. The number 0 represents the least inequality and the highest ones have the highest numbers.

Why Africa is not a rich country, despite it has lots of raw materials?

salverogar1 — 2024-06-04 10:31:20 UTC

Mostly all the countries located in Africa are very poor. This is due to in those countries there are lots of wars in which weapons are used. Also the lack of inversion affect to these inequality. The fact that the temperatures there are really hot also affects. The agriculture of crops or livestock are activities not very popular in those areas due to the droughts or the strong floodings.

Origin of this big inequality

nforcadper — 2024-06-04 10:31:46 UTC

It's difficult to say when the economic difference started as we know it nowadays, however we can get into the conclusion that the main period of time when this started in the industrialisation of the world. The countries weren't affected the same way and the same time everyone and this triggered the start of the inequalities, the least powerful countries started to have less money and along the time this makes more noticeable.

Why China has increased its wealth in recent times?

salverogar1 — 2024-06-04 10:50:08 UTC

China, in recent decades, has increased its wealth in a huge way. This change is due to the investment in the physical capital, mainly in the housing sector. Well, its wealth has also increase because in China, the incomes of the workers are the minimum. China has also participate in the foreign invest.

Political effects in the inequality

salverogar1 — 2024-06-04 10:55:03 UTC

This situation creates a vicious circle of inequality in which economic inequality increases political inequality, causing them to protect their wealth and privileges.

Economy inequality is not mainly caused by the scarce of capital in the countries.

nforcadper — 2024-06-04 10:57:07 UTC

Main 7 causes of economic inequality

Globalisation--> some enterprises get advantage from LEDC's because they have less rights and they create new works with no rights for the workers

Irruption of technology--> technology make a very noticeable advantage on the productivity and improves the GDP of the country, making the countries without technology very affected
Distribution of wealth -->the private enterprises get each time more money this affects the government because it produces a very high inequality between them and capacity of government to face with this inequality .
Incomes and salaries -->Also the salary of each person in each area of the world, nowadays we have a scarcity in jobs and it mainly affects women who normally get less salary with partial time works and less rights.
Abussion in the fiscal system that would make people pay their money into a lot of taxes
Tax evasion from mainly rich people
Scarce policies against the wealth inequality

Consequences on the economic inequality

nforcadper — 2024-06-05 11:29:13 UTC

The main consequences are the following ones:

Hinders the fight against gender inequality
Generates less decent living conditions
It is an obstacle for vulnerable groups to counteract the effects of climate change
Prevents fighting poverty
Affects the most defenseless, children

United Nations measures against inequality

nforcadper — 2024-06-05 11:41:13 UTC

Due to the varied range according to wealth between countries, the United Nations have established some measures:

Maintain the increase in profits of the poorest 40% of citizens in an index above the national average.
Promote official development aid for countries with more needs.
Promote the social, political and economic inclusion of the entire population without any discrimination.
Ensure equal opportunities.
Approve policies in favor of that equality.
Improve the regulation and supervision of financial agencies and markets, and strengthen the application of these laws.
Favor the migration and safe mobility of people.
Guarantee more representation and participation of the regions in development in the decision making of international financial and economic organizations.