Search results
Dec 18, 2023 · If 2022 was a year of uncertainty, 2023 is the year of inequality.For countries hoping to bounce back from the devastating losses of the COVID-19 pandemic, the battle has been made tougher by the compounding threats of climate change, fragility, conflict and violence, or food insecurity, to name a few—that make it difficult for economies across the board to fully recover.
- ‘The one per cent’ winners take (almost) all. The study shows that the richest one per cent of the population are the big winners in the changing global economy, increasing their share of income between 1990 and 2015, while at the other end of the scale, the bottom 40 per cent earned less than a quarter of income in all countries surveyed.
- Four global forces affecting inequality. The report looks at the impact that four powerful global forces, or megatrends, are having on inequality around the world: technological innovation, climate change, urbanization and international migration.
- Opportunities in a crisis. As the UN’s 2020 report on the global economy showed last Thursday, the climate crisis is having a negative impact on quality of life, and vulnerable populations are bearing the brunt of environmental degradation and extreme weather events.
- Migration a ‘powerful symbol of global inequality’ The fourth megatrend, international migration, is described as both a “powerful symbol of global inequality”, and “a force for equality under the right conditions”.
Dec 10, 2021 · On average, an individual from the top 10% will earn $122,100, but an individual from the bottom half will earn just $3,920. And, when it comes to wealth (valuable assets and items over and above income), the gap is even wider. The poorest half of the global population owns just 2% of the global total, while the richest 10% own 76% of all wealth.
Oct 23, 2019 · Between 2008 and 2013, global inequality fell for the first time since the industrial revolution, according to the latest available data. This historic reversal was largely driven by rising incomes in populous developing countries that helped close the gap with high-income countries. “Our data suggest a modest decline in global inequality for ...
May 16, 2023 · Technological change also poses new challenges to global economic convergence that has reduced inequality between countries in the past couple of decades. Faster growth in emerging economies led ...
Nov 19, 2018 · October 2015. Absolute inequality measures capture increases in absolute rather than relative differences between people's incomes. If the average income of the top 10% is $100,000 and the average income of the bottom 10% is $10,000, then the absolute difference between the groups is $90,000.
Dec 17, 2021 · The World Inequality Report 2022 is an up-to-date account of global trends in inequality. The report is based on WID.world – the most extensive database on the historical evolution of income and wealth distribution. Researched, compiled, and written by a team of leading economists of inequality, the Report seeks to fill a democratic gap and ...
