Inequality destroys the benefits of positive economic growth for the poor
Peer-Reviewed Publication
Updates every hour. Last Updated: 4-Aug-2025 17:11 ET (4-Aug-2025 21:11 GMT/UTC)
A unique analysis of district-level data reveals why inequality is so destructive to the household consumption welfare of people living below the poverty line. During negative economic growth, the welfare of the poor should be the main focus area.
Empire Discovery Institute (EDI), a leading non-profit drug discovery and development accelerator, is pleased to announce the appointment of Dr. Ronald Newbold as Chief Executive Officer (CEO). Dr. Newbold, who joined EDI in 2021 as Chief Business Officer, has served as interim CEO since August 2022 and has been instrumental in driving the organization’s growth and success.
The prevalence of chronic conditions has risen to unprecedented levels over the past twenty years, with nearly 1-in-3, or about 25 million, young people ages 5 to 25 estimated to now be living with pediatric onset conditions that significantly affect their lives