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Bookmark or Share- 3 key actions to help bridge the inequality gap - The World Economic ForumIn the Sustainable Development Goals Progress Report 2023, the UN Secretary-General noted that SDG10 – reducing inequality – is one of the worst performing SDGs. Action has never been more urgent on this goal, because during the COVID-19 pandemic and global inflation crisis, inequality of income, wealth and health outcomes has risen sharply.
- Global income inequality: How big is gap between richest and poorest ...The report explores various options - mainly rooted in taxation policies - to tackle income & wealth inequality. The examples offer lessons from across the globe and throughout recent history, they explain, and conclude that "inequality is always political choice and learning from policies implemented in other countries or at other points of ...
- Why we need new theories to explain wealth inequalityHuman capital inequality perpetuates itself through intergenerational transmission just as wealth inequality caused by politically created rents perpetuates itself. Given such transmission across generations, it can be shown that the long-run, ‘dynastic’ inequality will also be higher (Kanbur and Stiglitz 2015).
- The problem with wealth inequality | World Economic ForumBeyond inequality, the return of high wealth-to-income ratios has important implications for financial regulation. According to our computations, the wealth-to-income ratio reached 700% at the peak of the Japanese bubble of the late 1980s, and 800% in Spain in 2008-2009.
- Study: Tax cuts for the rich increase inequality and don’t boost growth ...The pandemic has not only sharpened wealth divisions, with billionaires seeing their wealth increase by 27.5% earlier this year, and the world’s poorest suffering most. Technology entrepreneurs have seen their rising assets scrutinized in the media. And, above all, COVID-19 has increased the holes in governments’ balance sheets.
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