Joseph Stiglitz event on inclusive growth
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Transcript of Joseph Stiglitz event on inclusive growth
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Making inclusive growth a reality:
how to tackle the inequality crisisProfessor Joseph Stiglitz, Columbia University
Rain Newton-Smith, Director of Economics, CBI
Caroline Spelman MPLiam Byrne MP
Torsten Bell, Resolution Foundation#inequality / @resfoundation
Wifi: 2QAG_guest p: W3lc0m3!!
![Page 2: Joseph Stiglitz event on inclusive growth](https://reader035.fdocuments.us/reader035/viewer/2022081520/58832fdf1a28abaf6f8b4dc7/html5/thumbnails/2.jpg)
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Fair shares?The UK inequality context
Torsten Bell
March 2016
@TorstenBell
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The history: big change in inequality in the 1980s
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The history: recent change driven by falls in earnings at the top
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The present: little change to inequality as incomes rise (slowly) across the distribution
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The future: inequality forecast to rise in next 5 years
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The future: relative poverty forecast to rise in next 5 years
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The top 1%: share of income steadily growing
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The top 1%: latest tax return data suggests return to income growth
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International perspective: high UK market income inequality
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International perspective: high UK market income inequality, offset by typical level of redistribution
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International perspective: global inequality is falling
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Making inclusive growth a reality:
how to tackle the inequality crisisProfessor Joseph Stiglitz, Columbia University
Rain Newton-Smith, Director of Economics, CBI
Caroline Spelman MPLiam Byrne MP
Torsten Bell, Resolution Foundation#inequality / @resfoundation
Wifi: 2QAG_guest p: W3lc0m3!!