This global tax platform represents a step in a long road towards building a fairer and more transparent global tax system. The platform must be able to deliver tangible results and combat inequality, but most importantly, it must give the poorest countries a voice.
At the close of the World Bank and International Monetary Fund’s Spring Meetings in Washington, Chris Stalker, Acting Head of Oxfam International’s Washington office, commented on the week's developments.
Women’s economic empowerment has the potential to transform many women’s lives for the better and support economic growth. However, the rise of extreme economic inequality is a serious blow to the fight against gender inequality and a threat to women’s rights.
Oxfam is calling on the World Bank Group to put safeguards in place to ensure that its clients can prove they are paying their fair share of tax.
We are delighted to announce the winners of the Oxfam and Tax Justice Network essay competition. Check it out!
The world faces an inequality crisis that is spiralling out of control. Across the world we are seeing the gap between the richest and the rest reach extremes not seen in a century.
We are providing training and financial aid to 80 rural women in the banana farming group. We are also helping farmers connect to bigger markets outside of their village.
The richest 1% now have more wealth than the rest of the world combined. The fight against poverty will not be won until the inequality crisis is tackled.
Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.
Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population combined, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.