The rich world is in need of new policy tools against inequality4 min read 11 Jul 2021, 10:32 PM IST
The problem offers a parallel with climate change in the growing recognition that business as usual just won’t do any longer
The world’s advanced economies will bounce back more quickly from the covid pandemic than low-income countries. Still, they face an important and interconnected set of challenges in the years ahead: climate change, inequality, new technologies, demographic ageing, and immigration. Business as usual will not do in any of these areas, and new approaches are required in each.