According to data from the World Bank, Germany has the 14th lowest Gini coefficient in the world.[1] However, since the mid-1990s, income, gender[citation needed] and social inequality in Germany has been rising.[2][3]
Many of the inequalities that Germany is experiencing today can be traced back to the reunification of East and West Germany. It was during this time that Eastern German manufacturing and social constructs lagged behind that of the west. East German policies mainly reflected that of a communist nation since they were being funded and governed by a communist Russian regime. As a result of these policies and regulatory practices, manufacturing in the east struggled during reunification, contributing to the current geographical divide. The gap in manufacturing technology between East and West Germany led to the demise of many East German businesses, leaving many eastern Germans unemployed.[4]
Income and wealth inequalityedit
Since the 1980s, income inequality in Germany has been rising. According to the German think-tank DIW, a typical citizen in the upper 1% of earnings in Germany holds a personal wealth of at least 800,000 euros ($1.09 million), whilst over 25% of all adults have either no wealth or negative wealth due to debt. Germany's Gini coefficient was 0.78 in 2012,[5] compared with 0.68 in France, 0.61 in Italy and 0.45 in Slovakia. A geographical inequality has also been found between the areas of Germany previously known as East Germany and West Germany; on average, an adult in former West Germany has assets worth 94,000 Euros, as compared to a typical adult in the former communist East Germany with just over 40,000 Euros.[5]
Gender inequalityedit
According to Germany's Federal Statistical Office, average gross hourly earnings for women in 2008 were 23.2 percent lower than that of their male counterparts. The average employed female employee in Germany earns 23.1% less than the average male employee, in comparison to 16.4% across the EU. There is also gender division between some industries, with most people in the manufacturing industry in Germany being men and most people in health and social work being women.[6]
Footnotesedit
^. Archived from the original on 2019-09-18. Retrieved 2016-05-03.
^"Increasing social inequality and poverty in Germany - World Socialist Web Site". www.wsws.org. Retrieved 2015-10-13.
^"The Erosion of the German Middle Class". www.intereconomics.eu. Retrieved 2016-04-20.
^"Economic consequences of German reunification : 12 months after the big bang (English) | The World Bank". documents.worldbank.org. Retrieved 2015-10-13.
^ ab"Germany's wealth distribution most unequal in euro zone: study". Reuters. 2014-02-26. Retrieved 2015-10-13.
^(PDF). European Commission. 2012. Archived from the original (PDF) on 23 November 2017. Retrieved 30 March 2021.
January 01, 1970
inequality, germany, according, data, from, world, bank, germany, 14th, lowest, gini, coefficient, world, however, since, 1990s, income, gender, citation, needed, social, inequality, germany, been, rising, germany, contents, history, income, wealth, inequality. According to data from the World Bank Germany has the 14th lowest Gini coefficient in the world 1 However since the mid 1990s income gender citation needed and social inequality in Germany has been rising 2 3 Map of Germany Contents 1 History 2 Income and wealth inequality 3 Gender inequality 4 FootnotesHistory editMany of the inequalities that Germany is experiencing today can be traced back to the reunification of East and West Germany It was during this time that Eastern German manufacturing and social constructs lagged behind that of the west East German policies mainly reflected that of a communist nation since they were being funded and governed by a communist Russian regime As a result of these policies and regulatory practices manufacturing in the east struggled during reunification contributing to the current geographical divide The gap in manufacturing technology between East and West Germany led to the demise of many East German businesses leaving many eastern Germans unemployed 4 Income and wealth inequality editSince the 1980s income inequality in Germany has been rising According to the German think tank DIW a typical citizen in the upper 1 of earnings in Germany holds a personal wealth of at least 800 000 euros 1 09 million whilst over 25 of all adults have either no wealth or negative wealth due to debt Germany s Gini coefficient was 0 78 in 2012 5 compared with 0 68 in France 0 61 in Italy and 0 45 in Slovakia A geographical inequality has also been found between the areas of Germany previously known as East Germany and West Germany on average an adult in former West Germany has assets worth 94 000 Euros as compared to a typical adult in the former communist East Germany with just over 40 000 Euros 5 Gender inequality editAccording to Germany s Federal Statistical Office average gross hourly earnings for women in 2008 were 23 2 percent lower than that of their male counterparts The average employed female employee in Germany earns 23 1 less than the average male employee in comparison to 16 4 across the EU There is also gender division between some industries with most people in the manufacturing industry in Germany being men and most people in health and social work being women 6 Footnotes edit Inequality Income inequality OECD Data Archived from the original on 2019 09 18 Retrieved 2016 05 03 Increasing social inequality and poverty in Germany World Socialist Web Site www wsws org Retrieved 2015 10 13 The Erosion of the German Middle Class www intereconomics eu Retrieved 2016 04 20 Economic consequences of German reunification 12 months after the big bang English The World Bank documents worldbank org Retrieved 2015 10 13 a b Germany s wealth distribution most unequal in euro zone study Reuters 2014 02 26 Retrieved 2015 10 13 The current situation of gender equality in Germany PDF European Commission 2012 Archived from the original PDF on 23 November 2017 Retrieved 30 March 2021 Retrieved from https en wikipedia org w index php title Inequality in Germany amp oldid 1120996636, wikipedia, wiki, book, books, library,
