In Singapore and China, though inequality rose, upward mobility has been strong - but in the US, while inequality did not rise as fast, the lot of the poor got worse. This holds a lesson for policymakers.
During the coronavirus pandemic, a poignant global narrative on inequality has been told. Rich families have had a good pandemic. They found it easy to navigate circuit breakers and lockdowns as they could afford the space and technology for parents to work from home.
In contrast, low-paid physical labourers could not work when they were told to stay home.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.