A World Divided? Envisioning the Future of Global Inequality
Inequality is a complex issue that has worsened since the 2007-2009 financial crisis and the COVID-19 pandemic. The report explores potential future scenarios for global inequality by 2035, emphasizing the need for proactive measures to address this challenge.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | Global Governance Futures |
| Publication date: | August 2021 |
| Authors: | Agung Pamungkas, Felipe Oriá, Jessica Berlin, Kazuhiro Nomoto, Keren Zhu, Liz Schuelke, Rithika Nair, Tessa Dooms, Marc-antoine Authier |
| Time horizon: | 2035 |
| Geographic focus: | Global |
Methods
The research method involved a scenario approach, where the authors identified key uncertainties affecting global inequality and developed two contrasting future scenarios for 2035. This method facilitated structured communication and rigorous thinking among the participants.
(Generated with the help of GPT-4)
Key Insights
The report examines the multifaceted nature of global inequality, which has been exacerbated by the 2007-2009 financial crisis and the COVID-19 pandemic. It highlights the increasing national inequality in many countries while noting a decrease in absolute poverty and a convergence in inequality levels among nations. The report identifies six key uncertainties that could influence the future of inequality: global shocks, the future of work, digital platform arrangements, systemic gender and racial inequality, global narratives on inequality, and tax and transfer policies. Two extreme scenarios for 2035 are presented: a negative scenario characterized by heightened inequality, nationalism, and societal fragmentation, and a positive scenario featuring increased equality, reduced discrimination, and effective international cooperation. The report emphasizes that neither scenario is predetermined, and it encourages readers to consider the implications of current actions on future inequality. It advocates for a multidimensional approach to managing inequality, involving political will, financial resources, and international collaboration to create a more equitable future.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2030s_time_horizon | 2035_time_horizon | english_publication_language | global_geographic_scope | report, category, august, 2021_publication_year | digital_platforms | discrimination | economic_policies | future_scenarios | global_cooperation | inequality | nationalism | political_processes | poverty | social_justice