A Fragmented World: North-South Perspectives

December 16, 2022

 

The rise of inequality is becoming one of the biggest concerns for developed, developing and emerging economies. Nowadays, more than ever, it is becoming an extremely important issue facing many economies around the world, not only from an equity point of view but also from an economic and social perspectives. The recent COVID-19 crisis has highlighted the weaknesses of the global economic system and has also put strong emphasis on the importance of the social state in fighting inequalities. Indeed, during this pandemic, we have seen that a large part of the population, mainly in the southern part of the Atlantic, has been left overnight without financial means to cover its basic daily needs. This situation has been aggravated by the low levels of access to social protection, and by the low qualification of workers in several economic sectors and in particular in the informal sector, which does not allow them to keep their job or to find a new one that can be carried out remotely from home.

- What is the role of social state in fighting inequality? what are the main policies that governments should prioritize, to help reduce within-country inequality and ensure that economic gains are well shared ?

- How can governments strengthen their capacity to raise the necessary tax revenues, in order to finance the social investment needed to reduce inequalities without discouraging economic activity?

- What is the cost of tax havens for developing countries and what role can international cooperation play in dealing with this issue?

- How can governance be made more effective to help fight within countries inequality?

RELATED CONTENT

  • Authors
    July 16, 2021
    The BDA Currents: Where Diplomacy Meets Business, is the Brussels Diplomatic Academy’s annual report covering the wider geopolitical and other factors influencing and affecting the world of diplomacy, international relations and global business. The journal focuses on issues of topical interest around the centers of global power, influence and importance, including the continents of Europe and Africa, the Middle East, China, India & Asia, Russia and the Commonwealth of Independe ...
  • Authors
    Hanae Bezad
    Maximo Plo Seco
    Roger Hilton
    December 10, 2020
    The Atlantic basin faces considerable challenges on multiple fronts. Financial and economic struggles, coupled with political shifts and social turmoil, are reshaping the region’s geopolitical landscape. Unemployment, poverty, violence, migration, extremism, climate change and other problems are on the rise and the need to tackle them effectively is pressing. To find adequate solutions to these challenges, it is crucial to create inclusive discussions between the North and the Sout ...
  • December 9, 2020
    The 2020 US elections have taken place amidst a highly polarized context, compounded by a devastating global health crisis, a far-reaching economic recession, and the mounting threat of populism worldwide, calling into question the limits of multilateral cooperation. The Presidential El...
  • December 8, 2020
    Check out the recap of the third session of the ADtalks, the Online Special Edition of the Atlantic Dialogues annual conference, on the Rise of Asia. More on ad.policycenter.ma With Marcus de Freitas, Senior Fellow, Policy Center for the New South Neelam Deo, Founder and Director, Gatew...
  • November 12, 2020
    Asia has lifted millions of people from poverty. It has also led the rebuilding of the world order, with China playing a significant role. As the centre of the 21st Century, there are many lessons to learn from Asia: a commitment to education, poverty reduction and economic stability. H...
  • Authors
    Amilcar Romero
    February 9, 2020
    As founder & president at the Ankawa International – The Ankawa Global Group, I had the privilege to represent twice, in the field of new technologies, my organization during the last two Paris Peace Forum (2018-2019), as a leading organization from the global south (Peru). For us, these participations were important in order to showcase the kind expertise developed in our programs currently implemented for advancing social transformation, the ultimate goal of the organization, ...