Income distribution

Turkey’s billionaires frighten top economist Piketty

Wealth inequality is particularly worrying for countries like Brazil, China or Turkey, which are home to more billionaires than Japan, says famous French economist Thomas Piketty Wealth inequality, capital flight, tax evasion and a lack of financial transparency are issues that are particularly worrying for countries like Turkey, Brazil and China, according to economist and author Thomas Piket

UN human development report faults inequality

Governments must act together to lift more people out of poverty and reduce inequality in a world where the 85 richest people have as much wealth as the 3.5 billion poorest people, the UNDP says Improvements in life spans, education and incomes are slowing due to natural disasters, misguided government policies and worsening inequality in a world where the 85 richest people have as much

Low interest rates thwart income equality: TÜSİAD report

Recovery of income disparity in Turkey has stalled at times of low interest rates since 2007, according to a new report released by Turkey’s top business organization that urged for deep reforms Income disparity in Turkey has widened at times of low interest rates since 2007, a new report released by Turkey’s top business organization has stated, amid heated interest rate debates bet

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