Concept information
Preferred term
global inequality
Definition(s)
- After decades of self-conscious development and market liberalization, the average income for the global South in the early 2000s was only around 15% of that of the global North in purchasing power parity terms and more like 5% in foreign exchange rate terms (see Figure 1). Also, growth in the South has been typically much more erratic than in the North, with periods of relatively fast growth followed by deeper and longer recessions. [Source: Encyclopedia of Global Studies; Inequality, Global]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-K08VPGWV-C
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}