This book focuses on economic inequality its measurement and its relationship with economic
growth and development. The current literature uses multiple points of view ranging from
ethical legal philosophical to political and economic to understand the nature of
(in)equality. Presenting the problem objectively this book shows how to measure the phenomenon
statistically along with an international comparison of the level of income inequality and
economic growth and of their complex relationship. The book also analyzes three decades of
theoretical and empirical evidence to understand this phenomenon and discusses a number of
political measures to reduce economic disparities while stimulating economic growth.