Inequality

• [New] Inequality is growing for more than 70% of the global population, exacerbating the risk of division and hampering economic and social development.
• [New] Work on online web-based platforms is outsourced by businesses in the global North, and performed by workers in the global South, who earn less than their counterparts in developed countries, which could exacerbate inequalities and perpetuate the digital divide.
• [New] Researchers found addressing preventable sight loss could bring global economic benefits of $AUD 530 billion a year and is essential to reducing poverty and inequality, while improving education, gender equality and employment prospects.
• [New] Under Director-General QU's leadership, FAO is taking big steps to embrace and produce digital solutions, as they are destined to affect every actor in the global agri-food systems and can be designed to offer opportunities to address the challenges of poverty, hunger, inequality and climate change.
• [New] Despite the risks to financial privacy, BCCLA is hopeful that the right kinds of development of virtual assets and their underlying technologies could reduce systemic discrimination in the Canadian financial system and help reduce inequality.
• [New] Inequality will be a key issue in the mining markets of Latin America and South Africa, and social justice in the US and Brazil.
• Individual cases have the potential to influence important legislative and policy changes that will be key to addressing the core challenges at the intersection of climate change and social inequality in Ireland.
• Health inequity is real, and it contributes to worse outcomes and higher risk for people with diabetes, a reality that has been exacerbated by the COVID-19 epidemic.
• Climate action presents an opportunity for the United States not only to seize upon the next generation of technologies and manufacturing, but also contribute to ending systemic racial inequities, fortify frontline communities and ensure that clean energy benefits are accrued equitably.
• Climate change and other environmental harms such as air pollution and deforestation increase the risk of future pandemics and leave the world vulnerable.
• When looking toward 2021, Deloitte emphasized, Societies around the world now expect banks to help address income inequality, racial and gender inequity, and climate change.
• The vast income inequality in the United States is evidence of capitalism's failings, a capitalist might see UBI policies as a cure - all for income inequality that lets them avoid institutional accountability for creating that inequality in the first place.
• Given that climate change weighs heavily on existing vulnerabilities and inequalities, and will disproportionately affect people in the Global South who have contributed the least to causing it, enabling mobility is not just an adaptation strategy, but an integral part of climate justice.
• New infrastructure projects will not only create jobs in the construction sector, but will also enable Indonesia to diversify its economy and reduce territorial inequalities.
• In terms of providing access to opportunity, enabling social mobility and reducing inequality and inequity, nothing comes close to the impact that subsidised higher education has had on Nigerians - flawed as it is.
• To truly recover in the years ahead, Europe will need a new socio-ecological contract bringing together questions of inequality, climate and the digital economy.
• The obvious advantages of introducing a wealth tax in South Africa are that it will increase fiscal revenue and, at the same time, it would be seen as a measure to reduce the inequality in income levels between the rich and the poor.
• The fate of the initiative which so far lacks support from Republicans will help determine whether Biden delivers on a core pocketbook issue as US income inequality widens during the Covid-19 pandemic.
• Digital inclusion will be an important agenda as one third of the world's children could not access remote learning during the pandemic, which is exacerbating global inequality.
• The fate of the initiative - which so far lacks support from Republicans - will help determine whether Biden delivers on a core pocketbook issue as US income inequality widens during the Covid-19 pandemic.
• The growing income and wealth inequalities - not only in the United States but also in most regions of the world - will breed further discontent, fray social cohesion and potentially undermine recovery efforts.

Last updated: 07 March 2021