Inequality's Global Shadow: A Call for Collective Action The recent signing of an open letter by over 1,500 academics and economists from more than 100 countries to global leaders serves as a stark reminder that extreme inequality is no longer a hidden issue but a glaring challenge that demands collective attention.
The International Panel on Inequality (IPI), championed by the UN secretary general António Guterres, aims to mirror the success of the International Panel on Climate Change in assessing and addressing the scale and consequences of global inequality.
The World Bank's warning that the 2020s will be a "lost decade" for many developing countries unless they can narrow their economic gap with industrialized nations underscores the urgency of this effort.