Income inequality and poverty
Abstract
A number of international human rights watchdogs recently commented about the increasing gap between the rich and the poor. They argue that while middle classes tend to be gradually transformed into the rich, more and more people cross the line of absolute poverty. Many analysts advocate the idea that the cornerstone of the poverty is
This paper seeks to establish the connections between the concepts of income inequality, operating the regression analysis method. It also discusses the differences between absolute and relative poverty in the context of global campaign for poverty reduction.
Introduction
The concepts of poverty ...