Topic: Poverty and inequality
Issues: Consequences of
inequality
By: Tien Quan, Dam Quan, Thu Ha, An Khanh
1. What is inequality?
• Inequality is the unfair distribution in economy, cutural,
gender, race, etc.
Need to know
2. Causes of inequality
• Inequality occurs as a consequence of capitalism economy.
• Corruption.
• Racism, cutural/tradition, ideology,etc.
Investment
goals
3. Consequences of inequality
• Social stratification
• Poverty
• Crime rates
• Conflict
• Health issues
• Corruption
4. Solutions
• Adjustment in law and regulation about corruption.
• Educate the civilian about social stractification.
• Increase the minimum wage.
• Expand the Earned Income Tax.
• Invest in education.
• Make the tax code more progressive
5. Inequality in Vietnam
• Impacts :
• ethnic minorities: harder to make money, unable to access
communication rights & benefits, slower poverty reduction.
• Current status:
• ethnic minorities are among the most common groups of inequality in
Vietnam.
• Solutions :
• focus more on reducing poverty, effectively use the fund for poverty
reduction.
6. Global perspective about
inequality
• Status
• Wealth undertaxed :
• Sexist inequality on wages,...
• Gap in wages between rich and poor countries
• Stereotype ( Asian - Western etc.)
• Impact
6. Global perspective about
inequality
• Lack of education and health care
• Inferiority
• Increase poverty
• Solution
• Progressive Income tax
• Stop Labor Abuse
• Increase minimum wage
• Educate people
The monthly average income and expenditure per capita in Vietnam 1999-2016
Poverty and economic inequality from Vietnamese citizens’ perspective in 2018
7. The roles of
inequality in modern
society
• Inequality occurs in every
single country include
places where support
communism and socialism.
It's inevitable.
• E.g.: Vietnam, China, etc.
8. Websites
• https://academic.oup.com/oxrep/article/35/3/431/5531383 - Oxford Academy
article about global perspective about inequality
• https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1475-682X.1970.tb01002.x Equality and Inequality in Modern Society
• https://www.savethechildren.org.uk/ - Children inequality and children’s right
• http://www.globalissues.org/article/4/poverty-around-the-world - Information
and resources for poverty around the world
• https://vietnam.oxfam.org/tags/inequality - Inequality in Vietnam
• https://haasinstitute.berkeley.edu/six-policies-reduce-economic-inequality Solution for reducing inequality article
8. Websites
• Global perspective about inequality sources and article:
• https://www.oxfam.org/en/even-it/5-shocking-facts-about-extremeglobal-inequality-and-how-even-it-davos
• https://www.forbes.com/sites/traversmark/2019/10/01/five-chartsthat-will-change-the-way-you-think-about-racialinequality/#1445f4975fb2
• https://www.cnbc.com/2019/04/02/heres-how-much-men-andwomen-earn-at-every-age.html
• https://inequality.org/facts/global-inequality/
• https://inequality.org/great-divide/8-ways-reduce-global-inequality/