A NOTE ON INEQUALITY

It is kind of fun, yet sad at the same time, that when fighting inequality developed countries and international organizations promote inequality itself. One may argue that the underlying reason is vested interests. In fact, rich countries prefer to help as many countries as possible rather than as many poor people as possible. It makes little sense, right? In Angus Deaton’s The Great Escape, it is said that 48 percent of the world’s poor people (2008 data) live either in India or in China, yet China and India together received only 2.6 percent of total aid, measured in terms of official development assistance (ODA). As Proffesor Deaton brightly argues, “that half of the world’s poor people received only a fortieth of the world’s official development aid is surely one of the odder inequality measures in the world”.


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