The global economy is broken. 8 billionaires own the same wealth as half the world’s population. Meanwhile, every day 1 in 9 people go to bed hungry. It doesn’t have to be this way. We can choose another future. Join us and demand an economy that works for everyone and not just the few. Share this video and sign the petition.
To save and protect lives, governments worldwide must act together and responsibly. Add your voice, join the movement and sign the petition now!
Millions of people are being forced from their homes, risking everything to escape conflict, disaster, poverty or hunger. From those fleeing the war in Syria or climate change-induced droughts, to those stranded in inadequate conditions in Europe, you can help us give life-saving support to refugees in the countries where they need it most.
With no end in sight to the conflict in Syria, hundreds of thousands of people are living in desperate conditions and exposed to continuing violence. Today, half the pre-conflict population of 22 million Syrians have fled their homes and more than 13 million people urgently need your help.
Bangladesh is one of the world’s most climate-vulnerable countries, yet at the same time it has demonstrated climate leadership. This briefing note examines how appropriate lending by international financial institutions can help Bangladesh to blaze a new sustainable development pathway.
Following Oxfam’s January report revealing that just 85 people owned the same wealth as the bottom half the world’s population, Forbes has updated its “billionaires' list”, showing that extreme inequality has worsened– just 67 people at the top now own half the wealth.
The IMF has released a discussion note, authorized for distribution by chief economist Olivier Blanchard, on the damaging effect of income inequality on economic growth and supporting redistributiv
Oxfam applauds the World Bank's new strategy to halve extreme poverty by 2020 and end it by 2030, but swift action is now needed to bring the strategy to life.
In reaction to the plenary remarks delivered by World Bank President Jim Kim, Oxfam’s head of Washington office, Nicolas Mombrial, said:
The strategy to end extreme poverty and support inclusive growth is an important milestone for the World Bank and Oxfam welcomes Jim Kim’s vision and commitment.
Incoming World Bank president Jim Yong Kim must step up efforts to assist developing countries threatened by the euro zone crisis fallout, international agency Oxfam said ahead of his first day on the job.
Oxfam spokesperson Elizabeth Stuart said:
The past ten years have seen a surge in a new type of development lending, in which development finance institutions (DFIs) provide funding through financial intermediaries (FIs) rather tha
International agency Oxfam welcomed the selection of Jim Yong Kim as World Bank president, but said the sham appointment process had damaged the institution.
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