News

South Africa remains one of the most unequal countries in the world. The country's per-capita expenditure Gini coefficient, a measure of how spending from income is distributed, stands at 0.65.
Poverty is expensive because it extends far beyond individual hardship, subtly draining economic vitality, social cohesion ...
Income inequality is growing in the United States and is a cause for concern. Wealth concentration was high in the beginning of the twentieth century before falling from 1929 to 1978, but it has ...
The weakening of India’s middle-income groups signals a worrying trend towards a hollowing-out of the economic centre ...
Their poverty rates exceed the national average, highlighting the need for a comprehensive, targeted response. Even though economic indicators show a slight decrease in the country’s Gini coefficient, ...
Jamaica saw a historic drop in poverty in 2023, with both general and food poverty rates falling by more than half — marking the lowest levels recorded since official tracking began in 1989 ...
Ending “absolute poverty” — a goal that Chinese President Xi Jinping said was officially achieved at the end of 2020 — is considered essential for reducing income inequality in the world ...
Every tale of rapid economic growth carries within it a quiet and yet persistent question; who truly benefits and who gets ...
Economic modelling suggests that a basic income grant for all individuals aged between 18 and 59 could significantly reduce poverty and inequality in South Africa.
The main findings show that in general, a basic income support grant has the potential to reduce poverty and inequality in South Africa. However, the effect varies based on the targeting mechanism ...