Inequality is an important topic in global debates on economics and politics. Inequality is one of the top priorities that must be addressed in many countries including NZ - people with a net worth of more than $1 million represent just 0.7% of the global population however, they have 41% of the worlds wealth. At the same time, those with a net worth of less than $10,000 represent 69 % of the global population but only 3% of global wealth. Inequality in not just a financial issue and it is linked to poverty, environmental degradation, persistent unemployment, political instability, violence and conflict The World Economic Forum which surveyed 1,767 global leaders from business, academia, government and non-profits has ranked rising inequality as the top threat facing the globe in 2015. pewresearch.org/fact-tank/2014/11/08/with-41-of-global-wealth-in-the-hands-of-less-than-1-elites-and-citizens-agree-inequality-is-a-top-priority/
Posted on: Mon, 05 Jan 2015 01:27:25 +0000
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