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Barometer

The surprising truth about global inequality

Plus: homes for Page 3 refugees, and who’s gained from falling energy prices

24 January 2015

9:00 AM

24 January 2015

9:00 AM

Poor data

Oxfam complained of an ‘inequality explosion’, citing an estimate that by next year 1 per cent of the world’s population will own half the wealth, but little other evidence. Is global inequality really growing, and does it matter?
— There have been few estimates of global inequality in income and wealth, but one recent one was contained in a Unicef report in 2011 which revealed that on some measures global inequality is falling.

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