A World Divided? Envisioning the Future of Global Inequality

This report examines the future of global inequality, exploring potential developments and their implications for policymaking.

(Generated with the help of GPT-4)

Quick Facts
Report location: source
Language: English
Publisher: Global Governance Futures
Publication date: August 1, 2021
Authors: Agung Pamungkas, Andrea Binder, Felipe OriĆ”, Jessica Berlin, Kazuhiro Nomoto, Keren Zhu, Johannes Gabriel, Liz Schuelke, Marc-Antoine Authier, Rithika Nair, Tessa Dooms
Time horizon: 2035
Geographic focus: Global
Page count: 26

Methods

The research method involved constructing two extreme scenarios for the year 2035 using a scenario approach. This approach identified six key uncertainties with high unpredictability and significant influence on the future development of global inequality. The scenarios were created through a facilitated group process, iterating projections for each key uncertainty, and expanding them into comprehensive thought experiments.

(Generated with the help of GPT-4)

Key Insights

The report explores the multifaceted issue of inequality, both within and between countries, and presents two extreme scenarios for the year 2035. It examines the impact of digitalization, climate change, populism, and geopolitical competition on inequality. The report also discusses the politics of inequality, which encompasses the interests, power relations, and political processes that influence social equity. It suggests that addressing inequality requires a multidimensional, long-term approach due to its deep roots in social and political systems. The report provides a detailed analysis of factors that could influence future inequality, such as global shocks, the future of work, digital platforms, systemic gender and racial inequality, global narratives on inequality, and tax and transfer policies. Two scenarios are presented: one positive, with reduced inequality and increased cooperation, and one negative, with increased inequality and nationalism. The report concludes with implications for policymakers, emphasizing the need for resources, international tax agreements, and proactive societal change.

(Generated with the help of GPT-4)

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