THE ECONOMIC DISPARITY AND INFLATION

Yusupov Zohidjon Erkin ugli

Authors

Yusupov Zohidjon Erkin ugli Management and Managerial Accounting Faculty Dean at International School of Finance and Technology Institute, Uzbekistan

Keywords:

Gini coefficient, Economic Disparity, Income Inequality, Inflation, Cost of Living, Wage Stagnation, Monetary Policy, Fiscal Policy, Social Welfare, Redistribution, Inequality Trap.

Abstract

Economists and decision-makers frequently disagree on the connection between inflation, income inequality, and economic growth. This essay examines the intricate and frequently disregarded connection between inflation and economic inequality. It explores how inflationary pressures can be made worse by economic disparity, emphasising how poor communities are disproportionately affected by inflation. The scientific article also addresses the possible feedback loop that could exist between inflation and rising inequality, highlighting the necessity of implementing legislative changes to solve both problems.

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https://finlit.uz/uz/articles/monetary-policy/concept-of-inflation/