The future of inequality: 1980, a turning point in inequality │ Abhijit Banerjee
World of Knowledge
Disparities in all areas of life - income and wealth, health, education, housing, and more - are growing and squeezing the lives of the majority. Inequality and polarisation is a problem in both rich and poor countries. South Korea is no exception. Co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), Abhijit Banerjee, speaks with Yoonjae Whang, professor of Economics at Seoul National University, who has used econometrics to understand the causes and solutions to some of the most pressing socio-economic issues. The session offers insights into inequality, including whether blindly chasing high economic growth rates is desirable and whether a universal basic income is appropriate for South Korean society.
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