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Dauerhafte Armut und verfestigter Reichtum. WSI-Verteilungsbericht 2018

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  • Spannagel, Dorothee

Abstract

The annual WSI report on the distribution of income gives evidence that both poverty and wealth are consolidating. Based on data from the GSOEP, it is analysed how the share of people living in persistent poverty or persistent wealth has developed since the early 1990s. The data shows: above all poverty has become entrenched, but also wealth is becoming more permanent. These processes are most noticeable in east Germany. This entrenchment of poverty and wealth has grave socio-political consequences. Individuals suffering from persistent poverty are more at risk of being marginalised and excluded from society. While consolidated wealth threatens to become a closed circle which increasingly becomes distanced from the centre of society. To prevent a drift in these two opposing directions and particularly to combat poverty, reforms in the education system and labour market are necessary to improve social cohesion. In addition, measures to foster the social integration of all levels of society are needed.

Suggested Citation

  • Spannagel, Dorothee, 2018. "Dauerhafte Armut und verfestigter Reichtum. WSI-Verteilungsbericht 2018," WSI-Mitteilungen, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 71(6), pages 505-512.
    • Handle: RePEc:nms:wsimit:10.5771/0342-300x-2018-6-505
    DOI: 10.5771/0342-300X-2018-6-505
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