Global inequality will continue to spiral in a skewed system of international finance and governance that heavily favours the Global North, says Anthony Kamande in the latest blog in our Davos series.
Get ready for the new trillionaire class: whose wealth will be built not on merit but inheritance, monopoly – and the legacy of colonialism
The world looks set to see five trillionaires by the end of the decade — and more billionaires are now being created through inheritance than entrepreneurialism. Anjela Taneja and Harry Bignell introduce Oxfam’s 2025 Davos report, which reveals the scale of unearned wealth — and how those riches are built on a colonial legacy of exploitative global systems.
How billionaire ‘pollutocrats’ are driving our climate crisis – and what we can do about it
If everyone used private jets and superyachts like 50 of the world’s richest billionaires, the remaining carbon budget to stay within 1.5C would be burned up in just two days. Nafkote Dabi introduces Oxfam’s new climate report, which spells out how the emissions of the super-rich are driving inequality, hunger and heat-related deaths.
Governments across the globe are giving up on the fight against inequality: here’s what they should do instead…
New Oxfam analysis shows global Commitment to Reducing Inequality (CRI) has just hit a new low. Anthony Kamande shares insights from Oxfam’s biannual CRI report that ranks 164 countries’ policies – and offers three big policy changes that should be firmly on the agenda at this week’s World Bank/IMF annual meetings.
How the pregnancy penalty supercharges global inequality
In a blog for International Women’s Day, new parent Anthony Kamande reflects on the heavy cost his partner and family have paid for the simple act of having a baby. The world, and especially its poorer countries, needs a pregnancy rights revolution, he says, and international funders such as the IMF must play their part.
It’s time for the World Bank to show it truly cares about unpaid care
The next funding cycle for the World Bank’s International Development Association could top $100bn – and, says Fiana Arbab, we must keep a close eye on the fraction of that being committed to transforming the lives of the billions of women doing care work.
After half a century of misguided policies, here’s how the World Bank and IMF can work for the poor…
It’s time both the World Bank and IMF abandoned the short-term fixes and austerity that have repeatedly failed people in developing countries, says Anthony Kamande. With their joint annual meetings back on African soil for the first time in five decades, he sets out six ways both institutions can make real and lasting change: from debt restructuring to encouraging social spending and taxes on the wealthiest.
What is the Palma ratio? And how can it turbo-charge efforts to cut inequality?
The UN’s current inequality measure doesn’t adequately describe the gulf between the rich and the rest. As global efforts to reduce inequality falter, Anthony Kamande sets out the case for international organisations and governments to adopt and target alternative metrics.
We need to talk about inequality in West Africa
As the African Union and regional economic communities gather to discuss their economies, the gulf between the rich and the rest in West Africa needs to be top of the agenda, says Mohamadou Fadel Diop – and that conversation must give serious attention to inequality-busting policies such as reversing austerity and debt cancellation.
Is the IMF listening enough? It’s time to make real engagement part of its mandate
Nabil Abdo and Nadia Daar introduce a new Oxfam report, which sets out how the IMF needs to do much more to deliver meaningful engagement with civil society
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