Abstract
In the recent past, the industrialized world as well as a large part of the developing world including the emerging market economies in Eastern Europe and China has witnessed growing income inequity in their societies, accompanied by widespread poverty. Severity in inequality varies from country to country and from region to region in the global economy. Among the OECD nations, the United States is currently the most unequal nation, and the inequality has increased in the 1980s (Chapter 10 in this volume). Japan is still one of the countries with equal income distribution in spite of the increase in inequality in the 1980s (Chapter 3 in this volume). Although among the emerging democracies in the developing world income inequality appears relatively less severe in the newly industrialized and industrializing countries in Asia, the levels of inequality seem to have risen despite their rapid economic growth even in those countries.
We are indebted to Professor Gregory J. Kasza, Department of East Asian Languages and Cultures, Indiana University, for helpful comments on the earlier draft of this chapter, especially on the survey of the literature of political science.
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Minami, R., Kim, K.S. (1999). Introduction: Themes and Challenges. In: Minami, R., Kim, K.S., Falkus, M. (eds) Growth, Distribution and Political Change. Studies in the Economies of East and Southeast Asia. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14356-6_1
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