Let’s #TalkInequality

21 Jan 2015 by Elena Danilova-Cross, Programme Specialist, Poverty and Inequality, UNDP in Europe and Central Asia

A remote village in Kyrgyzstan was hooked up to satellite phone with UNDP's support. (photo: UNDP Kyrgzstan)
Just how bad is global inequality today? Last year, at the launch of UNDP’s Humanity Divided report, Helen Clark noted that the richest eight per cent of the world’s population earns half of the world’s total income: “Not only do 1.2 billion people continue to live on under US $1.25 dollars a day, but inequalities in income and wealth are often compounded by inequalities in access to power, and disparities in health and education.” How did we arrive at this new polarized age and how divided are we in Europe and Central Asia? How might we sustain our development achievements with prosperity for all?  How have globalization and technological growth affected wage and earning inequalities? UNDP’s Dialogue on Inequalities, taking place on 21-22 January in Istanbul, will discuss the threats posed by inequalities – as well as possible ways of addressing them. As issues of inequality move into the spotlight, I’ve taken the liberty of prepping a reading list. What’s the big deal about this Capital book I keep hearing about? The publication of Thomas Piketty’s Capital in the Twenty-First Century made waves in 2014, significantly advancing the discussion of rising inequality around the world. Matt Yglesias offers a “short guide” … Read more

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