• Inequality has increased in nearly all regions across the world in recent decades.
  • There is a growing disparity in wealth distribution between top earners and middle-income groups, with a small fraction of top earners enjoying twice as much global growth when compared to the poorest individuals.
  • National wealth has significantly increased but public wealth is negative or close to zero in some wealthy nations.

  • Wage inequality is influenced by the labor market rather than organizations. This could fluctuate wages significantly in accordance with skill demands.
  • Gender gap issues where women are paid less than their male counterparts, resulting in some workers being paid below average standards.
  • Trade between richer countries could create a fall in wages at the low-skilled worker level due to increased competition where labor import from poorer nations compete for lower wages against local applicants.

  • If there is little effort made to effect changes that eradicate global inequality, this could persist and result in global poverty.
  • Countries with higher inequality ratios stand to experience higher rates of health-related concerns, educational underperformance, substance abuse and conflict.
  • Crime rates tend to correlate with income inequality and disparate wealth distributions where increased homicides and violence in poor and impoverished societies will be observed.

  • Institute minimum wage policies to enable the lowest-paid worker to sustain their livelihood on higher wages.
  • Eradicate income inequality that arises due to education differentials and grant better incomes for skilled labor.
  • Change tax policies to narrow income gaps between the rich and the poor.