HOME | PROGRAMS | HOSTS | EVENTS | JOBS | ABOUT | CONTACT
Web english.cri.cn  
2015-03-02 The Global Wealth Gap and the World Economy
   2015-03-02 14:22:59    CRIENGLISH.com      Web Editor: Ding Heng

It has been universally accepted that the global wealth gap poses a growing challenge to the world economy. The recent G20 Finance Ministers' meeting in Turkey for the first time expressed its concerns over widening income gap. Other global Organizations, such as the OECD, or Organization for Economic Cooperation and Development and Oxfam, voiced similar concerns. In one of its recent reports, the OECD says there is concrete evidence that worsening income inequality affects the global economy. This is mainly due to insufficient investment into human capital by lower income families.

So how do experts assess the cause and consequences of global widening income inequality? How can we reverse it?

Ni Hao, you're listening to People In the Know, presenting you with insights into the headlines in China, and around the world, I'm Zheng Chenguang in Beijing.

We speak to Professor Branko Milanovic, former lead economist at the World Bank and an affiliated senior scholar at the Luxembourg Income Study Center, and Michael F. Forster, Senior Policy Analyst at the "Income Distribution and Poverty" branch of the OECD, based in Paris.

 
LISTEN
 
 

 
 
LIKE US
LATEST
News
China
World
Politics
Business
Sports
Showbiz
Sci-tech
Photo
Recommended
China
World
Sports
Showbiz
Travel
Video
C4
The Sound Stage
Showbiz
Travel
China Revealed
My Chinese Life
Travel
Destinations
Photo Gallery
Recommended
Learn Chinese
"In" Chinese
Chatting in Chinese
Pop Culture
Traditional Culture
Living Chinese
Chinese Studio
Chinese Class
Learn English
Special English
Pop Chart
Everyday English
Fabulous Snaps
CRI News
China.org.cn  | Xinhua  | People's Daily Online   |  CNTV.cn  | China Daily  |  Global Times  | China Job  |  China Tibet Online  | Taiwan.cn  | eBeijing  | Beijing Today  | China-Eurasia Expo  | APEC Yiwu Conference  | Chinese Embassy in S.Africa  | Chinese Embassy in Australia  | Chinese Embassy in NZ