inégalité

Fair tax regimes are vital to finance well-functioning states and to enable governments to uphold citizens’ rights to basic services, such as healthcare and education.

Public services like health and education are one of the strongest weapons in the fight against inequality.

Wealthy elites have co-opted political power to rig the rules of the economic game, undermining democracy and creating a world where the 85 richest people own the wealth of half of the world’s population, worldwide development organization Oxfam warns in a report published today. 

Almost half of the world’s wealth is now owned by just one percent of the population, and seven out of ten people live in countries where economic inequality has increased in the last 30 years.

The Netherlands is No. 1 in the world for having the most plentiful, nutritious, healthy and affordable diet, beating France and Switzerland into second place. Chad is last in 125th spot behind Ethiopia and Angola, according to a new food database by worldwide development organization Oxfam.

While the G20 have put their first nail in the coffin of corporate tax dodging, they squandered this chance to make progress towards a political solution to the Syria crisis, and have failed entirely to confront the growing problem of income inequality.

Africa’s remarkable growth, driven in large part by a minerals and energy boom, is threatened by illicit capital outflows and widening income gaps.

The World Bank and International Monetary Fund need to ditch the ‘trickle down’ economics of the past and lead the fight against inequality if they are serious about the new target to end extreme poverty by 2030.

An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability to tackle poverty, Oxfam warned today in a briefing published ahead of the World Economic Forum in Davos next week.

Inequality has increased in 14 of the 18 G20 countries since 1990 as economic growth has too often failed to benefit poor people.