Global Income Inequality: The Growing Divide

A study published in 'Nature Sustainability' highlights a significant rise in global income inequality. Despite increased national incomes worldwide, inequality persists for half the population. Researchers, including experts from Aalto University, emphasize the need for targeted regional policies to address disparities and advance towards United Nations' Sustainable Development Goal 10.

A recent study reported in 'Nature Sustainability' reveals that about half the world's population lives in areas where income inequality has worsened, even though national incomes have risen for 94% of people since 1990.

Researchers, including Aalto University's Professor Matti Kummu, noted that inequality trends vary significantly within countries, suggesting that regional data provides a clearer picture of disparities. The study highlights India, Brazil, and China as case studies, with varied results based on regional policies and investments.

The report underscores a concerning deviation from achieving the United Nations' Sustainable Development Goal 10, aimed at reducing inequalities, raising questions about the impact of national averages and urging for data-driven, location-specific solutions.

(With inputs from agencies.)