Abstract
The contemporary world is characterized by its diversity and globalization, and how to allocate limited resources has emerged as a complex issue. The widening gap between rich and poor has led to growing concerns regarding the inherent inequity and potential instability that arise from these disparities. Global threats, the challenge has emerged in front of people, which significantly impact peoples daily life. For instance, from the pandemic, the drastic influence on the economy to environmental crises that upend livelihoods has been presented. Moreover, environmental crises, such as extreme weather events, deforestation, and the depletion of natural resources, pose significant threats to both developed and developing nations. Lastly, political conflict could also dramatically impact citizens' lives and the state of economic growth. This essay delves into the intricate relationship between global threats and global income inequality, seeking to dissect the multifaceted dynamics that bind these two seemingly disparate phenomena, by illustrating different perspectives from the academic world and presenting the authors personal view.
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