The book “Economic Inequality – Trends, Traps and Trade-offs” presents the unexplored issues of economic inequality, including case studies of various countries. Inequality is a chronic divisive factor of society. It is well known that inequalities (such as economic, social, cultural, religious, geographical, etc.) have been omnipresent in human society. Inequalities can be found within each family, each community, and each nation and thus globally. Inequality is a major cause of political, economic, social instability, and creates crisis and conflict within society. A major cause of inequality is unequal, uneven, biased, power centric distributions of human economic, social, political, cultural and spiritual human necessities.
The edited book examines the major parameters of the socio-economic issues of inequality and focuses on the key economic issues of inequality, namely, income and wealth distribution, equity & equality of outcome, and equality of opportunities. Economic inequality is measured by wealth, income dsiproportions in distribution and consumption patterns in a specific area. Mostly, inequality is measured using various statistical tools including the Gini Coefficient, inequality adjusted human development index, 20:20 ratio, Palma ratio, Hoover index, Galt score, Coefficient of variation, Theil index, wage share etc. However, not all income can be measured by these tools. By using case studies, this book encourages us to reframe economic development through the lens of growing inequalities and disparities. Economic growth per se is disproportional, and the efforts of scholars, practitioners and policymakers should be directed to empower the marginalized of society in a way that ‘no one should left behind’ (UN Slogan). The main challenges and focus of every chapter are different, and yet in combination, they give an integrated understanding of the phenomenon of economic aspects of inequality. This book will be useful to policymakers, social and environmental activists, agencies, educators and practitioners in the sphere of economic inequality. The methodology of the research can be replicated and taken forward by future researchers in the field.
Technical topics discussed in the book include:
Inequality the problems of all times;
Can inequality be reduced through SDGs?
Problems and consequences inequality
Inequalities Level Estimation
Threat to The Sustainable Development
Forecasting Inequality
Liberal Socialism
CORONOMICS
Author Biography:
Prof. Medani P. Bhandari completed his M.A. in Anthropology (Nepal),
M.Sc. Environmental System Monitoring and Analysis (the Netherlands),
M.A. Sustainable International Development (USA), M.A. and Ph.D. in Sociology
(USA). He is dedicated to conservation of nature and natural resources
and social empowerment through research and action project. His purpose
of life is to give or contribute to the society fullest through whatever he has,
earned, learned or experienced, within the Principles of “BASHUDAIVAKUTUMBAKKAM
and Live and Let Other Live”. He has worked with
various organizations as consultant – UNEP/Adelaide University, UNDP,
IUCN,WWF, WRI,Winrock International, the Japan Environment Education
Forum, and the Pajaro Jai Foundation (PJF), along with others. During
2015–17, he served as a Professor of Natural Resources and Environment
at the Arabian Gulf University, Bahrain. Prof. Bhandari has spent most of
his career focusing on the Sociological Theories; Environmental Sustainability;
Social Inclusion, Climate Change Mitigation and Adaptation; Environmental
Health Hazard; Environmental Management; Social Innovation;
Developing along the way expertise in Global and International Environmental
Politics, Environmental Institutions and Natural Resources Governance;
Climate Change Policy and Implementation, Environmental Justice, Sustainable
Development; Theory of Natural Resources Governance; Impact
Evaluation of Rural Livelihood; International Organizations; Public/Social
Policy; The Non-Profit Sector; Low Carbon Mechanism; Good Governance;
Climate Adaptation; REDD Plus; Carbon Financing; Green Economy and
Renewable Energy; Nature, Culture and Power. Prof. Bhandari’s major teaching
and research specialties include: Sociological Theories and Practices;
Environmental Health; Social and Environmental research methods; Social
and Environmental Innovation; Social and Environmental policies; Climate
Change Mitigation and Adaptation; International Environmental Governance;
Green Economy; Sustainability and assessment of the Economic, Social and
Environmental impacts on society and nature. In brief, Prof. Bhandari has
sound theoretical and practical knowledge in social science and environment
science. His field experience spans across Asia, Africa, the North America,
Western Europe, Post-Soviet Countries, Australia, Japan and the Middle East.
Professor Bhandari has published 4 books (his recent book is Medani P.
Bhandari (2018). Green Web-II: Standards and Perspectives from the IUCN,
Published, sold and distributed by: River Publishers, Denmark/the Netherlands
ISBN: 978-87-70220-12-5 (Hardback) 978-87-70220-11-8 (eBook),
and more than 70 scholarly papers in international scientific journals. Currently,
he is serving as a Professor of Inter-Disciplinary Department – Natural
Resource & Environment/Sustainability Studies, at the Akamai University,
USA and Professor of the Department of Finance and Entrepreneurship,
Sumy State University (SSU) Ukraine; and International Program Coordinator,
Atlantic State Legal Foundation, NY, USA (remotely).
Shvindina Hanna graduated from Sumy State University (M.S in “Management
of Organizations, Ph.D. in “Environmental Economics and Natural
Resources Protection”), Post-Doc researcher (University of Montpellier, Purdue
University) in “Business Studies and Management”, Fulbright Alumni
(2018–2019), won ERASMUS MUNDUS scholarships (2014, 2015). Currently
works as Associate Professor at the Department of Management at
Sumy State University (Ukraine). She is member of CENA community
and Researchers’ excellence network (RENET). She is member of editorial
boards of several scientific journals (Ukraine, Poland, Switzerland), invited
reviewer for the international conferences (Poland, Germany, Ukraine). She
is author of more than 90 papers. Scientific interests include Coopetition
Paradox, Strategies and Innovations, Change Management, Organizational
Development, Civic Education and Leadership. She is activist and is a CEO
at NGO “Lifelong learning centre”, where provide courses on Leadership
and Communications, organize the program on empowerment for local
community.
