Inequality, Diversity, Institutions and Social Cohesion: Unveiling the Importance of Access to Opportunities

Abstract

Abstract This study explores the complex relationship between inequality of opportunities, institutions, and social cohesion. Existing literature is employed to assess the influence of access to opportunities in forming social cohesion, taking into account factors of inequality such as economic class, gender, geography, political affiliation, and social group membership. Regression models and panel data analysis are used to quantify the impacts of different varieties of inequality on social cohesion. Results of the study demonstrate the negative effects of inequality of opportunities on social cohesion, thus reinforcing the importance of tackling inequality to create a more harmonious society. The limitations of the study are discussed, in addition to avenues for further research, and policy implications are elucidated, with a focus on the importance of implementing measures counteracting inequality and encouraging equitable access to opportunities in order to augment social cohesion. This study contributes important insights into the integration of inequality, institutions, and social cohesion, providing policymakers and stakeholders with a comprehensive overview of the issue. JEL classification: D31, D63, O11, Z13, C31