River Publishers Series in Chemical, Environmental, and Energy Engineering Series

Economic Inequality – Trends, Traps and Trade-offs

August 2021
More details
  • Publisher
    River Publishers
  • Published
    23rd August
  • ISBN 9788770223911
  • Language English
  • Pages 250 pp.
  • Size 6" x 9"
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August 2021
More details
  • Publisher
    River Publishers
  • Published
    27th August
  • ISBN 9788770223904
  • Language English
  • Pages 250 pp.
  • Size 6" x 9"

The book “Economic Inequality – Trends, Traps and Trade-offs” presents the unexplored issues of economic inequality, including case studies of various countries. Inequality is a chronic divisive factor of society. It is well known that inequalities (such as economic, social, cultural, religious, geographical, etc.) have been omnipresent in human society. Inequalities can be found within each family, each community, and each nation and thus globally. Inequality is a major cause of political, economic, and social instability, and creates crisis and conflict within society. A major cause of inequality is unequal, uneven, biased, power centric distributions of human economic, social, political, cultural and spiritual human necessities.

This edited book examines the major parameters of the socio-economic issues of inequality and focuses on the key economic issues of inequality—namely, income and wealth distribution; equity and equality of outcome; and equality of opportunities. Economic inequality is measured by wealth, income disproportions in distribution and consumption patterns in a specific area. Mostly, inequality is measured using various statistical tools including the Gini Coefficient, inequality adjusted human development index, 20:20 ratio, Palma ratio, Hoover index, Galt score, Coefficient of variation, Theil index, wage share etc. However, not all income can be measured by these tools. By using case studies, this book encourages us to reframe economic development through the lens of growing inequalities and disparities. Economic growth per se is disproportional, and the efforts of scholars, practitioners and policymakers should be directed to empower the marginalized of society in a way that ‘no one should be left behind’ (UN Slogan). The main challenges and focus of every chapter are different, and yet in combination, they give an integrated understanding of the phenomenon of economic aspects of inequality. This book will be useful to policymakers, social and environmental activists, agencies, educators and practitioners in the sphere of economic inequality. The methodology of the research can be replicated and taken forward by future researchers in the field.

Technical topics discussed in the book include:

  • Inequality the problems of all times
  • Can inequality be reduced through SDGs?
  • Problems and consequences of inequality
  • Inequalities Level Estimation
  • Threat to The Sustainable Development
  • Forecasting Inequality
  • Liberal Socialism




Inequality – the global problem

Sustainable Development and Sustainable Development Goals

Economic Inequality in the theoretical lenses

Economic and Social Inequality

Problems and Consequences of Inequality

Unified Index for Balanced Development

Inequalities Level Estimation

Territorial Development

Poverty and Inequality

Income Inequality

Poverty Status

Distribution of Income

Threat to The Sustainable Development

Relationship Between Inequality and Socio-Economic Drivers

Green Growth and Entrepreneurship

Financial Inequality

Territorial Communities

Forecasting Inequality

Toolbox of Sustainable Territorial Development

Impact of Income Inequality

Liberal Socialism


Author biographies

Keyword Index

Medani P. Bhandari

Prof. Medani P. Bhandari completed his M.A. in Anthropology (Nepal), M.Sc. Environmental System Monitoring and Analysis (the Netherlands), M.A. Sustainable International Development (USA), M.A. and Ph.D. in Sociology (USA). He is dedicated to conservation of nature and natural resources and social empowerment through research and action projects. His purpose of life is to give or contribute to the society fullest through whatever he has earned, learned or experienced, within the Principles of “BASHUDAIVAKUTUMBAKKAM and Live and Let Others Live.” He has worked with various organizations as a consultant -UNEP/Adelaide University, UNDP, IUCN,WWF, WRI, Winrock International, the Japan Environment Education Forum, and the Pajaro Jai Foundation (PJF), along with others. During 2015–17, he served as a Professor of Natural Resources and Environment at the Arabian Gulf University, Bahrain. Bhandari’s major teaching and research specialties include: Sociological Theories and Practices; Environmental Health; Social and Environmental research methods, innovation, and policies; Climate Change Mitigation and Adaptation; International Environmental Governance; Green Economy; Sustainability and Assessment of the Economic, Social and Environmental impacts on society and nature. In brief, Prof. Bhandari has sound theoretical and practical knowledge in social science and environment science. His field experience spans across Asia, Africa, North America, Western Europe, Post-Soviet Countries, Australia, Japan and the Middle East.

He has published 4 books (his recent book is Green Web-II: Standards and Perspectives from the IUCN, River Publishers, 2018) and more than 70 scholarly papers in international scientific journals. Currently, he is serving as a Professor of the Inter-Disciplinary Department – Natural Resource & Environment/Sustainability Studies, at the Akamai University, Hawaii and Professor of the Department of Finance and Entrepreneurship, Sumy State University (SSU) Ukraine; and International Program Coordinator, Atlantic State Legal Foundation, NY (remotely).

Shvindina Hanna

Shvindina Hanna graduated from Sumy State University (M.S in Management of Organizations, Ph.D. in Environmental Economics and Natural Resources Protection), Post-Doc researcher (University of Montpellier, Purdue University) in Business Studies and Management, Fulbright Alumni (2018–2019), won ERASMUS MUNDUS scholarships (2014, 2015). Currently works as Associate Professor at the Department of Management at Sumy State University (Ukraine). She is member of CENA community and Researchers’ excellence network (RENET). She is member of editorial boards of several scientific journals (Ukraine, Poland, Switzerland), invited reviewer for the international conferences (Poland, Germany, Ukraine). She is author of more than 90 papers. Scientific interests include Coopetition Paradox, Strategies and Innovations, Change Management, Organizational Development, Civic Education and Leadership. She is an activist and is a CEO at NGO “Lifelong learning centre”, where she provides courses on Leadership and Communications and organizes the program on empowerment for the local community. More information at https://www.linkedin.com/in/hanna-shvindina-aa390924/

Inequality; Sustainable Development Goals; Labor Inequality; Economic Growth; Liberal Socialism; CORONOMICS; Regional Disparities; Green Investments; Economic Instrument; Public Institutions; Good Governance; Venture Financing; Innovative Enterprises; Globalization; National Economy; Energy Development; Social Responsibility; Motivational Tool; Decision-Making; United Nations; World Trade Organization; WHO; Nepal; USA; India; Mexico; Ukraine; European Union; Russia; Pakistan; Serbia; Iran; Nigeria; Bulgaria; Finland; Middle East; Latin America; North America; Asia; Pacific