Globalization and technology driving income inequality in rich countries: survey.
Income inequality in rich countries is a major concern. The reasons behind this inequality are debated, with some pointing to globalization and technology, while others focus on market forces and policies. Recent research looks at income inequality across all levels, not just the very rich. Different countries have experienced varying levels of inequality due to global economic forces interacting with national contexts and institutions. Understanding the drivers of income inequality is complex and there is no consensus on which factors are most important.