Introduction Economic inequality refers to the unequal distribution of income, wealth, and opportunities among individuals or groups within a society. While some level of inequality is inevitable in a market-driven economy, excessive economic disparity can threaten social cohesion, reduce economic efficiency, and impede sustainable development. In contrast, inclusive growth emphasizes equitable access to economic opportunities,…
Introduction The 1920s was a decade of significant economic development for both the United States and the Soviet Union, albeit with vastly different approaches. While the U.S. embraced capitalism and free-market policies, the Soviet Union pursued a centrally planned economy under communist ideology. These divergent economic policies shaped the trajectory of both nations and had…
Introduction The G20 Summit, an influential gathering of the world’s major economies, plays a pivotal role in addressing global economic, social, and environmental challenges. The 2024 G20 Summit, held in Rio de Janeiro, Brazil, embraced the theme “Building a Just World and a Sustainable Planet.” This theme underscored the need for equitable growth, sustainability, and…