According to the World Inequality Database 2020 update, Latin America and the Middle East stand as the world’s most unequal regions, with the top 10% of the income distribution capturing respectively 54% and 56% of the average national income. The COVID crises has forced us to reimagine and rethink our shared futures as the world attempts to rebuild. Mitigating inequality will now demand a mix of bottom-up and top-down changes that recognize the social and economic systems aggravating inequality are a matter of choice. We asked seven global experts from the World Economic Forum Expert Network to provide their perspective on how we can build a better future where we leave no one behind. However, it fails to address deep-rooted social, economic, and political systemic problems that preserve and often amplify vertical inequalities.

Source: Ethiopian News July 06, 2021 13:26 UTC