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Income inequality, growth and economic systems

April 16, 2014

A careful reading of the statistical picture of income inequality among countries leads to the conclusion that income inequality is partly, but strongly a consequence of growth and development. (See last week’s column.) Read the rest of this entry »

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Global jobs gap widens even as recovery takes hold

April 11, 2014

In a statement delivered to the 2014 Spring meetings of the IMF and the World Bank, the ILO Director-General warns of rising global unemployment and calls for measures to boost household purchasing power. Read the rest of this entry »

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Income inequality – a helicopter view

April 9, 2014

One of the most glaringly charged of all social issues concerns income inequality. A deep chasm divides opinion on how to address this issue among those who want to reform society. Read the rest of this entry »

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The road to sustainable global growth—the policy agenda

April 2, 2014

The road to sustainable global growth—the
policy agenda

by Christine Lagarde
Managing Director, International Monetary Fund
School of Advanced International Studies
Washington, DC, April 2, 2014
Webcast of the Speech Webcast

As Prepared for Delivery

Good morning. I would like to thank Provost Lieberman for his warm introduction. I am also appreciative of Dean Vali Nasr’s kind invitation to join you today. And I want to salute my friend and former IMF colleague, John Lipsky, who will be moderating today’s session. Read the rest of this entry »

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The 67 people as wealthy as the world’s poorest 3.5 billion

March 25, 2014

organization, made news at the World Economic Forum in Davos earlier this year with its report that the world’s 85 richest people own assets with the same value as those owned by the poorer half of the world’s population, or 3.5 billion people (including children). Both groups have $US 1.7 trillion. That’s $20 billion on average if you are in the first group, and $486 if you are in the second group. Read the rest of this entry »

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Do 85 rich people have same wealth as half the world?

March 19, 2014

More or Less, the BBC team that investigates numbers and statistics, is often asked to check out claims that readers or listeners to the radio programme find hard to believe. Read the rest of this entry »

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Stop ‘fixing’ women and start fixing managers

February 17, 2014

We are finally reaching a tipping point when it comes to the analysis of gender imbalances in companies. After decades of pointing the finger at women and what they do or don’t do, a chorus of voices is putting the responsibility for gender balance where it belongs: with business leaders. Read the rest of this entry »

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Ignoring equality, rights and women’s health risks derailing development – UN officials

February 12, 2014

12 February 2014 – While nearly 1 billion people have escaped extreme poverty in the past 20 years and child and maternal mortality have been cut by almost one half, much more work remains to be done to address inequalities and ensure the rights and dignity of all, especially women and children, top United Nations officials stressed today. Read the rest of this entry »

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Which industry has the highest paid employees in Philippines?

February 5, 2014

MANILA, Philippines – Managers working in the oil and gas industry are the highest paid employees in the country, according to JobStreet.com’s annual salary report.

Managers in the oil and gas industry receive an average monthly salary of P74,297. Read the rest of this entry »

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A New Multilateralism for the 21st Century: the Richard Dimbleby Lecture

February 3, 2014

Good evening. It is a great honor to be invited to deliver this year’s Dimbleby Lecture, and I would like to thank the BBC and the Dimbleby family for so kindly inviting me—and especially David Dimbleby for his warm words of introduction. Read the rest of this entry »