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Deborah Hardoon talks through the team's research and findings from the report.

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An Economy For the 1%: How privilege and power in the economy drive extreme inequality and how this can be stopped

An Economy For the 1%: How privilege and power in the economy drive extreme inequality and how this can be stopped
44 pages
Authors
Hardoon, Deborah
Fuentes-Nieva, Ricardo
Ayele, Sophia
Publication date
18 Jan 2016
ISBN
978-1-78077-993-5
Publisher
Oxfam International
Series
Oxfam Briefing Papers
Type
Policy paper

The global inequality crisis is reaching new extremes. The richest 1% now have more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest. A global network of tax havens further enables the richest individuals to hide $7.6 trillion. The fight against poverty will not be won until the inequality crisis is tackled. 

KeywordsInequality, Tax havens, Extractive industries, Garment industry, Financial sector, Bangladesh, Brazil, China, India, Mexico, Nigeria

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