Dominican Republic Income Inequality

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Income inequality plays a major role in our global economy. This disparity can come in terms of race, gender, religion and many other components. The fundamental human rights guarantees of equality and non-discrimination are obligations and do not need justifications. The challenging gap between poor and rich is even more troublesome to fix. Distributing a portion of the wealth to the poor may alleviate poverty but can cause many other dilemmas. A way to completely eradicate poverty with no repercussions has not been discovered. Every idea follows consequences. It has now become a very important, popular topic. Income inequality isn’t new, but it’s the new economic issue of the campaign season. Presidential candidates in both parties are addressing …show more content…
Its average annual growth rate for the past 48 years has been 5.4%. In a country known for Caribbean beaches, and crews, inequality bans lower-income residents from traveling to parts of their own countries that are visited by foreigners. Economic signs for the Dominican Republic seem promising, but is fraught with numerous problems including violence against women, and low education levels. The country will not be able to achieve any development unless the education system is changed.
Education is the main means where a society builds its values, and it is a component in human development because it will allow future generations to properly manage the country.
Dominican society suffers from much inequality, specifically in urban areas. Instead of the poor having an opportunity at success the poor remain poor, trapped in their situation with little chance of escaping. Dominican society is highly unequal even in the Latin American region.
A reduction of the gap between rich and poor in the Dominican Republic seems essential, not only to improve the more immediate quality of life of its population, but also to promote long-term sustainability. The issues demonstrated by this country are indicators of not only the problems of inequality on a national scale, but also of global challenges presented by the gap between rich and

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