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  "documentTitle": "Trend Compendium 2030 Megatrend 2 Globalization & future markets",
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      "text": "Between 2015 and 2030 income inequalities will increase stronger in developed countries than in the developing countries as the Gini coefficient shows (+2.1% vs. +0.9%)",
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      "text": "1) Based on population-weighted Gini coefficients. Higher values indicate more inequality. If the Gini coefficient value is less than 0.2, the income distribution is said to be highly equal, between 0.2 and 0.3 it is relatively mean, between 0.3 and 0.4 moderately reasonable and values above 0.4 indicate large inequality",
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      "text": "Between 2015 and 2030 income inequalities will increase stronger in developed countries than in the developing countries as the Gini coefficient shows (+2.1% vs. +0.9%). In the time period from 1990 to 2030, the five countries facing largest increases in Gini coefficients are Azerbaijan, Pakistan, Vietnam, Russia and Turkmenistan (+45% to 60%). The Kuznets curve by economist Simon Kuznets assumes that rising inequality is typical for developing economies as those with modest funds profit from large growth rates, whereas people in absolute poverty do not move forward. For developed countries inequality decreases after a certain turning point, as income per capita increases. However, economist Thomas Piketty argues that wealth inequality also increases for developed countries in the future as the rate of capital return is persistently greater than the rate of economic growth, shifting income to capital owners.",
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      "text": "... nevertheless, income inequality within countries will slightly increase",
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