Past Event: “G24 Special Workshop on Growth and Reducing Inequality”

September 5-6, 2017
International Labour Organisation, Geneva, Switzerland

General trends show that two thirds of world inequality is due to international (not “within-country”) inequality, and global inequality is greater than inequality in any single country, which drives a lot of international migration. FES New York partnered with G24 and ILO in this forum for developing countries to consider this and other perspectives, successes and challenges to boosting growth while reducing inequality. Take-aways include the argument that to reduce (international) inequality fastest, we need to focus on reducing poverty because of the 870 million global poor and the view that the concept financial inclusion must be broadened to include access to finance, use of finance, cost of access and quality of finance that is not only to individuals or firms but also to developing country governments.

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