Share

Global inequality reveals policy failings

6 Jun 2018

THE wealth gap, often measured as a comparison between the top 1 per cent and the rest, is receiving increasing attention in political circles, particularly from the left in the United States, the UK and Australia. Even on the right, populist economic grievances are credited for the rise of Trumpist politics and support for Brexit.

Inequality is so far-reaching and undeniable that it is providing common ground across the political spectrum - although strategies for how to address it differ substantially. Shifting ideological tectonics in most of the world's major economies would seem to be an opportunity to test new policies. But little creative thought is being embraced at high levels, and the results are predictably dismal.

Read full article.

 

Asit K Biswas

Distinguished Visiting Professor

Kris Hartley

Doctoral Candidate at the Lee Kuan Yew School of Public Policy