Monday, January 20, 2014
The World Economic Forum At Davos Will Have Growing Income Inequality On Its Agenda
The IMF has raised the issue of growing income inequality and it has been placed on the agenda of the World Economic Forum that is attended by a good segment of the world's leaders. One single statistic on inequality boggles the mind. The 85 wealthiest individuals in world have $1.7 trillion of the world's wealth. That is equal to the share of wealth held by half of the world's population, which includes 3.5 billion people. It will be interesting to see how they deal with this issue.