Summary:
The book examines the complex factors contributing to the widening income inequality across the globe, analyzing its economic, social, and political drivers. It also explores the implications of income disparities on economic growth and offers policy recommendations to mitigate inequality and promote inclusive growth.
Key points:
1. Inequality vs. Growth: Economic growth doesn't always reduce income inequality and can sometimes increase it. High inequality can harm growth by affecting education, stability, and social unity.
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