inequality

Rising inequality poses a dire threat to continued prosperity in Asia, where an estimated 500 million people remain trapped in extreme poverty, most of them women and girls.

The combined wealth of the richest 1 percent will overtake that of the other 99 percent of people next year unless the current trend of rising inequality is checked, Oxfam warned today ahead of the annual World Economic Forum meeting in Davos.

Inequality is spiralling out of control, but consensus on how to address it is gathering pace. Following on from the success of last year’s symposium about Africa’s extractives industry and illicit financial flows, Oxfam and the University of Oxford are coming together again to examine the causes and consequences of uneven economic growth and rising inequality in the global South, while assessing policy solutions and charting a way forward for equity, democracy and social stability.

Germany and Spain have made the most dramatic increases in perceived seriousness of poverty and homelessness according to the latest GlobeScan poll of 24,000 citizens across 24 countries.

What are the barriers to ensuring that a living wage is paid, and what are the root causes of low wages?

The G20’s promise to pursue inclusive and sustainable growth is welcome, but its response to the Ebola crisis is dangerously inadequate.

More developing countries are set to become involved in reforming the global tax system in an effort to ensure that multinational corporations are taxed where their real economic activities take place.

G20 Leaders meeting in Brisbane, Australia this weekend (15 and 16 November) are being urged to tackle rising inequality head-on or risk leaving millions of people trapped in poverty, as new figures reveal the wealth disparity in a number of G20 countries.