economic inequality

The World Bank and the International Monetary Fund cannot allow political and economic shocks to hijack their ambitions to combat climate change and curb inequality, warned Oxfam.

The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, GE, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 –  $200 billion more than the previous year - according to a new report by Oxfam.  

One year on from the Panama Papers scandal and our political leaders are still not standing up to tax havens.

A world where more new billionaires have been created in a year than ever before shows signs of economic sickness rather than health.

The gap between the richest and the rest in Indonesia has grown faster in the past two decades than in any other country in South-East Asia. This report shows how President Jokowi could fight inequality by enforcing a living wage for all workers, increasing spending on public services, and making big corporations and rich individuals pay their fair share of tax.

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.

A report by the Greens/European Free Alliance reveals that Inditex, owners of the global fashion retailer Zara, avoided paying €585 million in taxes in Europe between 2011 and 2014.

Latin American countries have failed to govern their lands fairly and are now so deep in thrall to rich elites and big business that the future of sustainable and inclusive development of much of the continent hangs in the balance.

The Credit Suisse Global Wealth Report shows once again that economic inequality remains at shockingly high levels.  The richest 1 percent now has as much wealth as the rest of the world combined.

This briefing includes recommendations for how Development Finance Institutions (DFIs) can take a much-needed and overdue proactive role in ensuring tax payments and domestic resource mobilization in developing countries follow from their investment decisions.