Michael Spence writes: \u00a0High-priority items are fairly clear. In the short run, the top priority is income support for the poor and the unemployed, who are the immediate victims of crises and the underlying imbalances and structural problems, which take time to remove. Second, especially with rising income inequality, universal access to high-quality public services, particularly education, is crucial.<\/p>\n
Inclusion sustains social and political cohesion \u2013 and hence the very growth needed to help mitigate the effects of rising inequality. There are many ways for economies to fall short of their growth potential, but underinvestment, especially within the public sector, is one of the most potent and common. \u00a0\u00a0Good and Bad Income Inequality<\/strong><\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Michael Spence writes: \u00a0High-priority items are fairly clear. In the short run, the top priority is income support for the poor and the unemployed, who are the immediate victims of crises and the underlying imbalances and structural problems, which take … Continue reading ![\"Equality](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/08\/Equality-of-Opportunity-300x233.jpg\")
<\/a><\/p>\n