Income Gap in American Cities As Bad As African Cities
26 October 2008 - 9:00am
Income inequality in U.S. cities rivals that of many African cities, which struggle with deep divides between the haves and the have-nots, according to a recent report from the United Nations.
"The most balanced city in the world is Beijing, with the most egalitarian cities on average to be found in western Europe, the report said."
"'The authors (of the study) find that though the cities in the United States of America have relatively lower levels of poverty than many other cities in the developed world, their levels of income inequality are quite high,' the report said."
"The report said European countries including Denmark, Finland, the Netherlands and Slovenia were among those with the lowest levels of inequality."
Source:
Reuters, October 24, 2008
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