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High-level finance ministers and officials from some of the most economically powerful countries in the world will convene when the G-20 meets June 28-29 in Osaka, Japan.
Economic inequality across countries has been declining for decades. China’s economic boom has been a big reason, along with technology that has brought energy and clean water to poorer countries.
The likelihood that a woman in sub-Saharan Africa has HIV today is linked to whether her country was once colonized by Britain or a continental European country, according to a June 2018 study published in American Economic Review.
Evidenced by the rapidly growing salmon-farm industry, salmon is one of the world’s most popular fish. The volume of farmed Atlantic salmon increased almost 1,000 percent between 1990 and 2015, according to United Nations statistics; 75 percent of all the salmon we eat is farm-raised. Wild-caught salmon, meanwhile, has become a luxury; it’s harder to find and generally more expensive.
It’s difficult to assess the net worth of the world’s super-rich. Havens like the Cayman Islands, Switzerland and Hong Kong are happy to stash their cash, offering privacy and a shelter (often perfectly legal) from taxes. And without knowing how rich the rich are, we can’t make an accurate assessment of income inequality.