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Essay / Research Paper Abstract
A ten page paper which looks at inequality of income in the UK, with reference to the national minimum wage, the divide between rich and poor, and structural inequalities which give rise to poverty in the country.
Page Count:
10 pages (~225 words per page)
File: JL5_JLincdis.rtf
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Unformatted sample text from the term paper:
for economists who are concerned with inequalities of income, and the way in which these need to be addressed through social policies. Changes in income distribution reflect underlying structural inequalities
within society, and these have an impact on a number of socio-economic issues, including poverty, health and social welfare.
Hills (2001) makes the point that the gap
between rich and poor is widening more quickly in Britain than in other industrialised nations, and this will obviously be something which policy-makers need to address in order to find
ways of redressing this imbalance. Recent research by the World Bank indicates however that the problem is not solely confined to the UK, but is indicative of a global trend.
At a global level, for instance, there is a lack
of a true middle class, since the majority of the world population is either at the top or the bottom of the income scale. It has been estimated that 84%
of the world population is in receipt of only 16% of world income, and the World Bank makes the point that the large gap between rich and poor has become
an object of even greater concern since the advent of organised terrorism based in poorer countries.
However, since the more affluent countries are facing the threat of recession, it seems unlikely that international negotiations will result in
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