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Tackling Inequality Is a Political Choice

Summary:
Under the United Nations Sustainable Development Agenda for 2030, the world is committed to eliminating extreme poverty and reducing inequality between and within countries. Yet without a far greater effort by governments and multilateral institutions to address inequality in particular, neither objective will be met. NEW YORK – The world has made impressive strides in reducing extreme poverty, but that progress has slowed considerably in recent years. The problem is clear: eliminating extreme poverty requires tackling inequality. Philanthropy vs. Democracy PS OnPoint Michael Orso/Getty Images

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Under the United Nations Sustainable Development Agenda for 2030, the world is committed to eliminating extreme poverty and reducing inequality between and within countries. Yet without a far greater effort by governments and multilateral institutions to address inequality in particular, neither objective will be met.

NEW YORK – The world has made impressive strides in reducing extreme poverty, but that progress has slowed considerably in recent years. The problem is clear: eliminating extreme poverty requires tackling inequality.

The good news is that inequality between all people worldwide has declined since 1990, mirroring the reduction in poverty. The bad news is that within-country inequality has risen. Compared to 25 years ago, the average person today is far more likely to live in an economy...

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