Asia's inequitable growth will harm democratic institutions: Academic
Asia's inequitable growth will harm democratic institutions: Academic
- October 6, 2011
- Wang Feng, sociology professor, is quoted in Central News Agency (Taiwan) October 6, 2011
-----
From Central News Agency:
The rising income inequality in East Asia could harm the region's democratic institutions
and economic development, a scholar warned in a policy brief published by the East-West
Center in Hawaii on Wednesday. Over the last half-century, East Asia's dramatic economic
growth has altered the global economic and political landscapes, sociologist Wang
Feng said. Equally remarkable is that for the first several decades of this upsurge,
economists characterized it as "growth with equity," marked by relatively equitable
distribution of income throughout populations, he said. But more recently, a new era
of "growth with inequality" has developed, he wrote. "This not only leads to more
divided societies, it threatens democratic institutions and suffocates economic growth,"
said Wang, a senior fellow at the Brookings Institution and professor of sociology
at UC Irvine.
For the full story, please visit http://www.taiwannews.com.tw/etn/news_content.php?id=1727775.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightThe questions beneath the equations
- Careet RightUC Irvine Department of Economics establishes Jan K. Brueckner Medal for Distinction in Economic Research
- Careet RightEstablishment-level evidence on California's fast-food minimum wage
- Careet RightAs companies leave California, is the state's $4.25 trillion economy really in trouble?
- Careet RightAn affinity for administration