Global leaders urged to join initiative to fight extreme inequality

Global leaders are being urged to join an initiative to combat extreme inequality by more than 1,500 academics and economists from over 100 countries. They argue that the growing gap between the richest and poorest is not an inevitable outcome, but rather a policy choice that can be reversed. This call to action comes ahead of the UN general assembly in New York next week, where the experts are backing the International Panel on Inequality (IPI).

Why it matters

The initiative to fight extreme inequality is a call to action for global leaders, but it does not have a direct impact on markets. The growing gap between the richest and poorest is a social issue that may have long-term economic implications, but it is not

Market impact

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