Open Access Open Access  Restricted Access Subscription or Fee Access

Poverty and Uneven Distribution of Income and Wealth: World and Armenia

Mariam A. Voskanyan

Abstract


Today, the world has a sharp contrast, from the world of high technology to the world of starving people. The uneven distribution of income and wealth in the world is observed not only in terms of the global north-south issue, when the capital is concentrated in high-income countries, but also at the level of different segments of the population, and even individuals.
On the background of an oversupply of financial resources in the world stock exchanges, we observe a high mortality rate from hunger and diseases in countries with a low level of per capita income.
This article is devoted to the analysis and assessment of the problem of poverty and the uneven distribution of income and wealth in the framework of modern realities, as well as the example of the Armenian economy.


Keywords


poverty, inequality, income level, Armenia

Full Text:

PDF


DOI: https://doi.org/10.14665/1614-4007-26-2-002

Refbacks

  • There are currently no refbacks.




"Transition Studies Review" ISSN online 1614-4015 / ISSN print 1614-4007

All publishing rigths reserved to © Transition Academia Press. Executive editor: Prof. Dr. Giorgio Dominese