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If you asked a typical person to list the major problems that the world faces today, the likelihood is that "inequality and poverty" would be one of the first things they mentioned. There is a widespread concern that economic growth is not being shared fairly. A poll by the BBC in February 2008 suggested that about two‐third of the population in 34 countries thought that "the economic developments of the last few years" have not been shared fairly. In Korea, Portugal, Italy, Japan and Turkey, over 80% of respondents agreed with this statement.* There are many other polls and studies which suggest the same thing.

Document Type: Review Article

Publication date: 2008-10-01

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