Public Policy and Its Impact on Economic Inequality

All politics aside, government policies have a direct impact on economic inequality. Government controls influence education, taxes, regulations, healthcare costs, economic growth and other factors, all of which have a direct bearing on income inequality.
By Gerald Donald

As the gap between the richest and poorest increases in developed countries like the U.S. and Japan, it makes sense to evaluate the role of government. In the U.S., a young administration is focused on boosting the economy and giving every American equal opportunity to succeed. These are goals that can reduce income inequality, but achieving those goals will take policy solutions that are specifically designed to reverse the increasing inequality trend and develop an inclusive economy.

Though politics often overshadows the discussion, researchers have identified what they think are approaches that government, in partnership with businesses, can do to reverse a trend that is h...

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