Rising inequality has emerged as a major
concern during the past decades, and is often
seen as one of the most adverse outcomes
of globalization.However, as the data
presented in this policy brief demonstrate,
policy-makers have maintained great
influence on how the dynamics of the market
translate into income inequality. When
measuring and debating income inequality,
it is important to distinguish between two
different concepts: inequality of private
sector incomes (i.e. before taxes and public
transfers),
and inequality of disposable
incomes (i.e. after taxes and transfers).
Sometimes, these two concepts are also
referred to as the primary and the secondary
distribution of incomes.
Rising inequality has emerged as a majorconcern during the past decades, and is oftenseen as one of the most adverse outcomesof globalization.However, as the datapresented in this policy brief demonstrate,policy-makers have maintained greatinfluence on how the dynamics of the markettranslate into income inequality. Whenmeasuring and debating income inequality,it is important to distinguish between twodifferent concepts: inequality of privatesector incomes (i.e. before taxes and publictransfers), and inequality of disposableincomes (i.e. after taxes and transfers).Sometimes, these two concepts are alsoreferred to as the primary and the secondarydistribution of incomes.
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