global development

global development

Richest 1% will own more than all the rest by 2016

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.

Rising Inequality in the Global South: Practice and Solutions

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.

The shanty homes of fisher families and city immigrants on Back Bay with the tower blocks of Nariman Point in the background.

Turn the Tide

The gap between the rich and the rest is extreme and growing. G20 nations are not immune.

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