wealth inequality

The Washington Consensus is dead: Long live the new Berlin Declaration

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And it may be happening again, as liberal democracies confront a wave of popular distrust in their ability to serve their citizens and address the multiple crises— ranging from climate change to unbearable inequalities and major global conflicts—that threaten our future. The consequences can now be seen in the US, where former President Donald Trump … Read more

World Inequality Report: India Has 85% Billionaires From Upper Castes, None From Scheduled Tribes

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Between 2014-15 and 2022-23, increase in top-end inequality has been particularly striking New Delhi: A recent report by the World Inequality Lab has documented a significant rise in economic disparities in India. Nearly 90 per cent of the country’s billionaire wealth has been found concentrated in the hands of the upper castes. The report, “Towards … Read more