Rich / Poor Gap

The causes of this inequity are many and varied.

One is the asymmetrical course of globalization, which is increasing the incomes of a relative few, while locking out many.

Another is the persistence of colonial-era trade patterns in which developing regions supply resources but do not produce value-added goods that generate higher incomes.

Another is gender discrimination. Of the 1.3 billion people living in extreme poverty today, more than two-thirds are girls and women.

Another is inadequate governance and lack of transparent, effective state and social institutions that attract investment to help break the cycle of poverty.

 

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