In recent decades, income inequality has risen in most of the developed world and many developing countries. There are plenty of reasons to be worried about income inequality, as it often leads to unequal life opportunities, exacerbates disparities in health and life expectancy, and jeopardizes social unity.
While most of research work on inequality tends to focus on the poor, a recent World Bank Group survey set out to explore how the opinion leaders—who are often economically better-off—perceive the growing gap between the rich and the poor.
The survey interviewed more than 10,000 key opinion leaders in fifty-two developing countries to find out 1) how concerned they are about income inequality, and 2) whether they perceived a link between equality of opportunity and poverty reduction.
Let’s take a look at the key findings.
The survey data show that majorities of opinion leaders in all but two countries (Uzbekistan and Belarus) perceived the gap between the rich and the poor as “a very big” or “moderately big problem” in their countries.