Rising inequality could set the fight against poverty back by decades, Oxfam warned today as it published a new report showing that the number of billionaires worldwide has more than doubled since the financial crisis.
Oxfam presents new evidence that the gap between rich and poor is growing ever wider and is undermining poverty eradication. This report delves into the causes of the inequality crisis and looks at the concrete solutions that can overcome it.
Extreme inequality is hurting us all - damaging economic growth, fuelling crime, and squandering the hopes and ambitions of billions who are trapped at the bottom with no way out.
Every year, the gap between rich and poor gets even wider – and it’s being fuelled by the use of tax havens. Today, 62 individuals have the same wealth as the poorest half the people on our planet. It is time to bring an end to inequality. It is time to Even it up!
South Africa is considered a ‘food-secure’ nation, producing enough calories to adequately feed every one of its 53 million people. However, the reality is that one in four people currently suffers hunger on a regular basis.
The governments of Latin America and the Caribbean must implement fiscal reforms that benefit all citizens and not only economic and political elites, according to Oxfam.
After decades of underinvestment, governments in Africa are turning to partnerships with donor aid agencies and large companies or investors to develop the agriculture sector. But this so-called ‘mega’ public-private partnerships are unproven, risky and represent a dubious use of public funds to fight poverty and food insecurity.
African governments are increasingly turning to partnerships with donors and multinational companies to stimulate investment in agriculture, after decades of neglect.
Women won’t be paid as much as men for another 75 years. That’s according to a report released by Oxfam today, which urges G20 leaders to tackle gender inequality when they meet in Australia later this year.
Across G20 countries and beyond, women are paid less than men, do most of the unpaid labor, are over-represented in part-time work, and are discriminated against in the household, in markets and in institutions.