India and U.S.A Inequality
Autor: DalJit Singh • November 16, 2016 • Coursework • 2,189 Words (9 Pages) • 816 Views
Coursework Header Sheet 235201-26 | [pic 11] |
Course | BUSI1604: Fdns of Scholarship & Res | Course School/Level | B/PG |
Coursework | Topic review | Assessment Weight | 0.00% |
Tutor | EJ Lethbridge | Submission Deadline | 18/10/2016 |
Coursework is receipted on the understanding that it is the student's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University's Regulations regarding Cheating and Plagiarism. |
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Tutor's comments |
Grade Awarded___________ | For Office Use Only__________ | Final Grade_________ |
Moderation required: yes/no | Tutor______________________ | Date _______________ |
How does the current concern about increasing inequalities within and between India and United States impact on international business?
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INTRODUCTION
Inequality is rising worldwide in emerging economies the gap between the rich and the poor is highest in 30 years average income of the richest 10% of the population are around 10 times that of the poorest 10% this ratio can reach up to 14 to 1 in United States, Israel and Turkey and 27 to 1 in Mexico and Chile the gap between rich and poor is also widening in China, India, and South Africa. Source>(OECD Social inequality), (2015) It is clear the benefits of economic growth do not trickle down to all, technological change is increasing demand for high-skilled workers to the determent of the lower skilled, more part-time work and greater flexibility in labor market to improve employment has pushed up wage inequality in advanced economies the tax and benefits system redistribution less than in the past and in most developing countries social security’s remain a dream.
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