The Global Economy Ignores Developing Nations at Its Own Peril

The Global Economy Ignores Developing Nations at Its Own Peril

Given the integrated nature of the world economy, the fact that next year emerging economies will still not experience the economic rebound already seen in many developed regions in 2021 means global growth will remain low and slow.

One Man's Radical Plan to Solve Wealth Inequality

One Man's Radical Plan to Solve Wealth Inequality

This story originally appeared on WIRED UK.Piketty’s 753-page book Capital in the Twenty-First Century, published in 2013, sold 2.5 million copies worldwide and helped put inequality on the global agenda.Capital and Ideology builds on Piketty’s long-standing argument that inequality has soared across the world since 1980.

Why Taxing the Rich May Not Save Democracy

Why Taxing the Rich May Not Save Democracy

Their plans are not the same: Ocasio-Cortez aims to raise the marginal tax rate to 70 percent on income above $10 million (which would affect only 0.1 percent of US households).

Australia’s UN report card: making progress, could do better on inequality and climate

Australia’s UN report card: making progress, could do better on inequality and climate

The report highlights strong progress in health and education, but poor performance in addressing inequality, climate change and housing affordability. Despite some progress, the report found almost every goal has at least one target where an important indicator is off-track or will require a breakthrough to be achieved.

Building housing on flood plains another sign of growing inequality

Building housing on flood plains another sign of growing inequality

Yet all parties involved in housing know that cities are facing more rainfall and flooding due to climate change. However, the waterfront area still remains a flood plain, and is still affected by storm surges associated with climate change.

Demystifying Economic Inequality in Nepal

Demystifying Economic Inequality in Nepal

Economists typically use the Gini index of per capita income or household consumption expenditure as a measure of inequality. For example, in Nepal, as incomes and living standards have improved, private school enrollments have increased leaving public schools, especially in remote rural areas, struggling to fill classrooms.