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Theme 3: Inequality and Redistribution
infoWhy this? Economic growth does not necessarily distribute improvements in living standards evenly within or between countries. Measuring and explaining poverty and inequality helps us evaluate their economic and social consequences, while assessing taxation, welfare provision, and international aid exposes the choices and trade-offs involved in redistribution.
scheduleWhy now? Our understanding of labour markets now helps explain differences in earnings and opportunities, while earlier work on globalisation and policy provides wider context. This unit brings these strands together to evaluate how economic benefits are distributed and how effectively policy can reduce poverty and inequality.