It may, alarmingly, become the norm if the global “inequality emergency” continues. It is a global harm, with 90% of the world’s population living under the World Bank’s definition of “high income inequality”. His blueprint for change is contained within the G20’s first-ever inequality report, endorsed by key European, African and middle-income nations. The G20 inequality report lays out a comprehensive redesign of global economic governance reminiscent of 1944’s Bretton Woods settlement. Prof Stiglitz argues that the time has come for an International Panel on Inequality.

Source: The Guardian December 01, 2025 03:14 UTC