G20 Report Warns That Global Inequality Is Reaching Dangerous Levels

The G20 Extraordinary Committee of Independent Experts on Global Inequality has released a landmark report that paints a stark picture of widening inequality across the world. Commissioned by the South African G20 Presidency and led by Nobel laureate Joseph Stiglitz, the report warns that the concentration of wealth and political power among a small elite is destabilising economies, weakening democracies and deepening social fractures.   A world of extremes According to the report, 83 percent of countries now have high income inequality,…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...