The world is growing more unequal and the divergence, made worse by the pandemic, is sure to cause additional tensions, resentments and further complicate nations’ responses to climate change, economic disparities and social instabilities, according to a new report. The Global Risks Report 2022 (PDF) – a 17th edition from the World Economic Forum (WEF) […]
Tag: Inequality
The global economy is entering a phase of “pronounced slowdown”, the World Bank warned on Tuesday, as the Omicron variant of the coronavirus, and the triple blow of soaring inflation, high government debt levels and rising income inequality threaten recoveries in emerging and developing economies. The latest Global Economic Prospects report (PDF) from the World […]
KENNETH ROGOFF writes: Judging by the number of times phrases such as “equitable growth” and “the distributional footprint of monetary policy” appear in central bankers’ speeches nowadays, it is clear that monetary policymakers are feeling the heat as concerns about the rise of inequality continue to grow. But is monetary policy to blame for this […]
Gita Gopinath writes: The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from the previous outlook, but the composition has changed. go to WEF: COVID-19: how can we make the global recovery more equal? […]
The COVID-19 pandemic has exacerbated socioeconomic inequalities. Mitigating inequality requires a mix of bottom-up and top-down changes that address the underlying social and economic systems. Seven experts shine a light on creating a future that leaves no one behind. How can the world address inequality? 7 experts explain | World Economic Forum (weforum.org)
Andrés Serbin The COVID-19 pandemic has probably caused the greatest economic, political and social damage to humanity since World War II. In fact, it will accelerate and deepen some of the pre-existing processes and trends and will confront us with new challenges and scenarios at the global level, the scope of which we barely glimpse. […]
Zia Qureshi Ours is a time of exciting technological change. The era of smart machines holds the promise of a more prosperous future for all. But it demands smarter policies to realize that promise. To capture potential gains in productivity and economic growth and to address rising inequality, policies will need to be more responsive […]
Mario Negre https://www.die-gdi.de/en/briefing-paper/article/assessing-potential-effects-of-development-cooperation-on-inequality/
Omar Al-Ubaydli https://englishbeta.alarabiya.net/views/2021/01/31/Coronavirus-Why-coronavirus-pandemic-is-helping-narrow-global-inequality
This interview was conducted by the Global Governance Futures – Robert Bosch Foundation Multilateral Dialogues, which brings together young professionals to look ahead 15 years and recommend ways to address global challenges. https://www.globalpolicyjournal.com/blog/21/12/2020/between-two-epidemics-coronavirus-and-inequality-brazil-conversation-ggf-2035