Global Poverty and Wealth Inequality

Volume 441

Editor: Justin Healey

Print book ISBN: 9781925339826

E-book ISBN: 9781925339833

Year: 2019

$30.00 (includes $2.73 GST)

Categories: ,


Despite marked progress in poverty reduction over recent decades, the number of people living in poverty remains unacceptably high. More than 790 million people live in extreme poverty, surviving on less than $1.90 a day. Why is there still so much poverty in the world; how is it measured; and what is being done by way of trade, debt relief and aid to achieve the United Nation’s Sustainable Development Goal 1: End poverty in all its forms everywhere? By contrast, many around the world have never had it so good. Global income and wealth inequality is on the rise: 82% of the wealth generated last year went to the richest 1% of the global population, while the poorest half of the world’s people saw no increase in their wealth. Just eight men own the same wealth as half the world. What are the causes of this staggering inequality, and how can we achieve the UN’s Goal 10: Reduce inequality within and among countries? Using data and analysis from the latest key reports, this book provides an overview of the extremes between wealth and poverty. Can the world afford to let the gap widen any further?

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