According to the British non-governmental organization, Oxfam, which published its annual report, global growth still benefits the wealthiest.
Moreover, its annual report is emblematically titled “Reward Work, Not Wealth” and recommends that “the economy should work for everyone, not just for a wealthy minority.”
Poor less poor, but rich richer
While the number of people living in extreme poverty has been halved in 20 years (between 1990 and 2010) and “continues to decline since then,” income inequalities are nevertheless becoming more pronounced and tend to increase, it continues.
“Over the past ten years, ordinary workers have seen their incomes rise by an average of 2% per year, while billionaires’ wealth has increased by 13% per year, almost six times faster,” according to Oxfam.
men and have equal representation in the workplace.
Combating tax evasion
For a more equitable distribution of wealth, Oxfam advocates for a living minimum wage for all workers, the elimination of the wage gap between men and women, as well as stricter rules to crack down on tax evasion, which, according to the NGO, represents a revenue loss of at least $170 billion annually for developing countries.
