How G20 finance decisions lead to global inequality
SOMO Paper
Published on:
During the Covid-19 pandemic, billions of people around the world have lost their incomes and became poorer, while billionaires have become richer by speculating on global financial markets. The poorest countries are increasingly trapped in debt, whereas rich countries are creating and spending new money. As well as explaining how the dominates decision making on global financial issues and how their decisions lead to growing inequality, this paper offers ideas about how thes problem of increasing global financial inequality can be solved.
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Myriam Vander Stichele
Senior Researcher
Publication
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