Thursday, May 16

The top 0.5% of the global population holds over 35% of global wealth

Excessive income and wealth inequality constrains global economic growth:
"Recent work has shown that prolonged periods of steadily rising output are associated with more equality in income distribution. In other words, more equal societies are more likely to achieve lasting growth."
Stability and Growth for Poverty Reduction (IMF)

No comments:

Post a Comment