Comaprative Economies

Understanding And Comparing Patterns Of Global Poverty And Inequality. Global poverty and economic inequality have become the source of a great deal of political and social concern in recent times. The co- existence of great wealth and abject poverty, both among and within countries has caused a great deal of controversy amongst world politicians and economists. Both these groups, politicians and economists, have claimed that the central goals of economic policy have always been both …

…that economic and political attention has started to be diverted in this direction, something which will only help to further our knowledge, whereby helping richer countries to see exactly what policies would make a worthwhile difference. To summarise, it is more important to make cross- country analysis for poverty and inequality rather than using a national prospective, as this would result in a true representation, and would allow the instigation of direct and worthwhile policies.