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Oxfam welcomes the work of the Global Sovereign Debt Roundtable (GSDR) to build consensus on a set of rules to expedite debt restructuring exercises. This note lays out Oxfam’s views on the GSDR’s agenda, in response to the latest GSDR’s progress report of October 2023. 

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.

Anna Marriott, Oxfam Health Policy Manager and Policy co-lead for the People’s Vaccine Alliance said: "The 2021 Global Health Summit ended today in danger of being judged an historical failure of global solidarity to tackle a Covid-19 pandemic that is still, around the world, in its first expanding phase and yet to peak."

The slight decrease in development aid spending in 2017 is bad news for the fight to end poverty and reduce inequalities, said Oxfam today in response to the publication of new aid figures by the Organisation for Economic Cooperation and Development (OECD).

Reacting to the GRFC 2024 report, Oxfam Global Food and Economic Security Lead, Emily Farr, said: “The global hunger crisis is fundamentally a moral crisis. It is unforgivable that over 281 million people are suffering acute hunger while the world’s richest continue to make extraordinary profits, including the same aerospace and defence corporations helping to fuel conflict, the main driver of hunger.  

What are the barriers to ensuring that a living wage is paid, and what are the root causes of low wages?

Credit Suisse’s annual Global Wealth Report, published today, reveals that wealth inequality continues to grow; the top 1 percent now own 48.2 percent of global wealth, up from 46 percent last year. Meanwhile the bottom half of humanity own just 1 percent of wealth.Their research reveals that before the financial crisis wealth inequality fell slightly in some countries, but since…

In response to Merck’s announcement that it has granted a license for its promising COVID-19 pill to the Medicines Patent Pool, Robbie Silverman, Oxfam America’s Senior Manager for Private Sector Engagement, made the following statement: “Merck’s move to license molnupiravir is welcome as it could indeed mean increased access to its promising COVID-19 drug in the poorest countries in the world.

New report reveals inequality in education persists. Oxfam calls for firm political and financial commitments for free, public education systems to end inequality. 

Germany and Spain have made the most dramatic increases in perceived seriousness of poverty and homelessness according to the latest GlobeScan poll of 24,000 citizens across 24 countries.