G20 Taskforce Urges New Global Panel to Tackle Inequality

A G20 taskforce recommends creating a global inequality panel to address wealth concentration and its destabilising effects.

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G20 Taskforce Urges New Global Panel to Tackle Inequality

G20 Taskforce Urges New Global Panel to Tackle Inequality
A G20 expert taskforce led by Nobel laureate Joseph Stiglitz has called for a dedicated international panel on economic inequality. Modeled after the IPCC, the panel would examine wealth gaps and policy solutions and present findings to heads of state. 
The taskforce warns that the richest 1% captured 41% of new wealth since 2000, while the poorest 50% saw minimal gains. It argues that unchecked inequality undermines both democracy and economic stability.
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  • global
  • economy