Abstract
Inequality – the gap between those towards the top and bottom of the income distribution – has widened in most developed nations since the 1980s. Inequality is of obvious concern for social cohesion and wellbeing, but it can also have consequences for the economy. Social mobility can either increase or decrease inequality. Poverty and inequality are related but not the same.
| Original language | English |
|---|---|
| Title of host publication | The State of the UK Economy 2024 |
| Publisher | The UK in a Changing Europe |
| Pages | 27-30 |
| Number of pages | 4 |
| Publication status | Published - 31 Jan 2024 |
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