Intergenerational Economic Mobility
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Intergenerational Economic Mobility
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High income gaps remain an impediment to socioeconomic mobility of the less well-off. For development to be sustainable, it’s got to be inclusive. More segments of society need to participate in the economy. To move the needle, underlying structural barriers must be addressed. To unpack this, Jeff Finkle, President and CEO of the International Economic Development Council, joins podcast host, Dr. Fred Olayele. Among other things, Mr. Finkle sheds light on the importance of five critical determinants of mobility – parental income, education, race, gender, and geography.
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