Women informal traders
Oxfam's latest report has brought a critical issue to the world’s attention as the World Economic Forum gets underway this month in Davos, Switzerland: how the COVID-19 crisis is worsening already serious levels of inequality.
Asia and Pacific showed the biggest billionaire wealth and growth in the world last year, now with 906 billionaires owning nearly 3 trillion dollars in wealth. In contrast, 1.2 billion Asians are struggling to make ends meet. Women and girls and other groups without a strong voice suffer the worst...
It‟s time to build a human economy that benefits everyone, not  just the privileged few
New estimates show that just eight men own the same wealth as the poorest half of the world. As growth benefits the richest, the rest of society – especially the poorest – suffers. The very design of our economies and the principles of our economics have taken us to this extreme,...
Women garment workers in Hlaing Thar Yar Industrial Zon, are going back to home from work by factory's ferry. Photo by: Kaung Htet/ Oxfam
Rising economic inequality across Asia is threatening poverty reduction and slowing down the fight against gender inequality. Although the region has experienced economic growth, the bottom 70 percent have seen their income share fall while the share for the top 10 percent has increased rapidly...
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