The gap between the richest people and the rest of the world population is growing rapidly. Already by 2016, 1% will be richer than the other 99% of the inhabitants of the earth combined. Growing inequality is dangerous, experts warn, it leads to a slowdown in global economic growth and increases the possibility of a recession.
By 2016 the total state 1% of the richest people in the world for the first time may be longer than the combined wealth 99% of the remaining inhabitants of the planet, reports The Independent, citing a new report the charity Oxfam. The study was made public January 19, on the eve of the World Economic Forum in Davos.
According to estimates of the organization, in 2009, 1% of the world’s population, that is, the richest 70 million people, there were 44% of the total wealth in 2014 – already 48% (an average of $ 2.7 million per person ). Moreover, almost half (46%) of the remaining 52% of global wealth is concentrated in 1/5 of the population.
On the other adults about 5.5% (an average of $ 3851) – about 700 times less than that of the “golden percent».
By the following year, the share of wealth from the top 1% of people can exceed 50%, experts warn.
At the 1% richest people in the world includes American investor Warren Buffett, former New York City Mayor Michael Bloomberg and Indian businessman Dilip Shangvi. Oxfam study shows that 20% of the rich own business in the field of finance and insurance – with their status in March 2013 till March 2014 increased by 11%.
But even within the “golden percent” wealth is distributed very unevenly , pay attention to the organization’s representatives. World welfare is increasingly concentrated in the hands of “a small wealthy elite.” At last year’s forum gathered Oxfam shocked by the news that only 90 richest billionaires possess the same condition as half the world’s population. Over the past year, according to experts, the gap widened even more.
Now only 80 richest people (about 0,000 001% of the world population) accounted for as much as the poorest 3.5 billion people (50% of the population). It is interesting that such a sharp decline occurred just in the last few years – in 2010 “required” 388 rich.
According to experts Credit Suisse, in order to enter into the top half of the list of the world population ( on the basis of their well-being), you must have an annual income exceeding $ 3650, however, to get into the top 10% of the required $ 77 thousand already., and 1% – $ 798 thousand.
Growing inequality holds back the fight against global poverty, noted in Oxfam, and this happens at a time when every nine people in the world do not have enough to eat and more than 1 billion people still live on less than $ 1.25 a day. “The scale of global inequality is staggering, and the gap in the property status between the very rich and everyone else continues to grow rapidly, despite the fact that these problems erupt onto the world stage,” – said the executive director of Oxfam International Winnie Byanyima. In her view, the failure in the near future to deal with this gap will throw the fight against poverty for many decades ago.
«Rising inequality twice hitting the poor – they receive a smaller share of” economic pie “, but because inequality slows the development of the economy, most of the pie is getting smaller and smaller,” – draws attention Byanyima.
The latter point was confirmed by Lynn Forester de Rothschild, Managing Director, EL Rothschild, saying that extreme inequality “undermines economic growth and threatens the most vulnerable segments of the population.” “The fight against inequality should be a priority for the gathering in Davos, if they really want to live in a stable and prosperous world” – she added.
Oxfam plans to urge the Forum in Davos to take new measures to get rid of ” shockingly sharp jump “global inequality, in particular, to tighten policy to combat tax evasion and introduce wages not below a living wage for all workers.
«Of course, you can not be indifferent. But the key question – what is the standard of living of ordinary citizens of any country – said “Gazeta.ru” Igor Nikolaev, Head of Strategic Analysis FBK. – If the bulk of the population will be provided a good standard of living, the situation is critical. Stratification of income – is a normal process, but it is dangerous if the overall quality of life is unsatisfactory ».
In Russia, this is an important factor in the near future is unlikely to be ignored: according to published in October report Credit Suisse Global wealth report in 2014, the highest level of income inequality in the world is observed in our country, except for the tiny offshore Caribbean, where the number of resident billionaires.
According to official data, 10% of income most affluent citizens of Russia is 16 times higher than those of the poorest 10%, while in most developed countries, the difference between the incomes of the rich and the poor is only 5-7 times. In addition, since last year in Russia increased the number of people with incomes below the subsistence level, said Nicholas. And to solve these problems and welfare of the people as a whole should be engaged in the state, because it all depends on the social, demographic and economic policy of the country.
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