INCOME DISTRIBUTION INEQUITY AS THE OBSTACLE TO ECONOMIC PROSPERITY
Анотація
An issue of worldwide income inequity attracts scientist`s attention and interest. In high developed countries wages increase according to the level of productivity and are provided with its high level. In transformation economies the opposite situation occurs -labor as a factor of production is in surplus, the labor supply exceeds the labor demand, and capital, as a factor of production, is relatively scarce. Inequity leads to the stratification of the society, accumulation of wealth in the hands of oligarch, formation of financial and political elite and poverty increase.
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