Study Sheds Light on Extreme Worsening Global Inequality
The report, compiled by over 200 researchers and released on Wednesday, indicates that this disparity permeates all segments of society. The wealthiest 10% of the global population now control nearly three-quarters of total assets, while the poorest half possess just about 2%.
Income distribution mirrors this pattern. The top 10% earn more than the remaining 90% collectively, whereas the bottom 50% receive less than one-tenth of worldwide income. “The result is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability,” the authors highlighted.
The analysis also emphasizes persistent gender inequality. A gender pay gap “persists across all regions,” with women earning slightly more than a quarter of global labor income, a figure that has scarcely shifted since 1990.
The global economic divide becomes evident well before entering the workforce. Average public education expenditure per school-age child amounts to roughly $230 annually in Sub-Saharan Africa, compared with $8,600 in Europe and $10,500 in North America and Oceania—demonstrating a disparity exceeding 40 to 1.
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