Frances Stewart Writes in Observer on Relieving Poverty by Reducing Inequality
ODID Professor Emeritus Frances Stewart was among a series of experts featured in the Observer on Sunday setting out how they would alleviate poverty.
The feature, "Ending Global Poverty: The Fight Goes On" comes ahead of the global release of a series of documentaries under the banner Why Poverty?
Professor Stewart writes that poverty could be eliminated if massive inequality - between rich and poor countries and within countries - were reduced: "Redistribution of 10% of the incomes of the richest countries would increase the incomes of the poor group of countries by more than ninefold per head, clearly providing poor countries with enough resources to eliminate poverty, " she writes.
However, she notes that because of the way the global economy is organised, inequality is rising not falling in most countries.