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Wednesday, January 04, 2017

Turkey’s Government Shows Little Concern for Growing Income Inequality

Turkey’s Government Shows Little Concern for Growing Income Inequality
The Editors Wednesday, Jan. 4, 2017

Editor’s note: This article is the first in an ongoing WPR series on income inequality and poverty reduction in various countries around the world.

In 2000, the wealthiest 1 percent of Turks owned 38 percent of Turkey’s total wealth. Today, despite a decade and a half of solid economic growth, the top 1 percent controls around 55 percent of total wealth. In an email interview, Aysen Candas, an associate professor at Bogazici University, discusses income inequality in Turkey.

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