Week 4: Economic Inequality and Covid 19 Pandemic

Economic Inequality

The unequal distribution of wealth and opportunities among different groups in society.

Collective Action Problem

A situation where individuals would benefit from cooperating but conflicting interests prevent it from happening.

National Inequality

Inequality that occurs within a specific country.

Global Inequality

Inequality that occurs between different countries.

Overall Inequality

Inequality that encompasses the entire global population.

Gender Inequality in Global Health

The disparity where women are the majority in health care roles but are underrepresented in leadership and paid less than men.

Vaccine Apartheid

A term describing the inequitable access to COVID-19 vaccines, particularly affecting poorer nations.

Branko Milanovic

An author who examines economic inequality resulting from economic growth and globalization.

Walter Scheidel

An author who argues that significant reductions in inequality occur primarily through disasters like wars or pandemics.

Covid-19 Vaccine Hoarding

The practice by wealthy countries of stockpiling vaccines, limiting access for poorer nations during the pandemic.