"We cannot seek achievement for ourselves and forget about progress and prosperity for our community... Our ambitions must be broad enough to include the aspirations and needs of others, for their sakes and for our own"
Social equality is a state of affairs in which all people within a specific society or isolated group have the same status in respect to civil rights, freedom of speech, property rights and equal access to social goods and services. It includes concepts of health equity, economic equality and other social securities. It also entails equal opportunities and obligations, and so involves the whole society.
On average, and considering the population size, income inequality increased by 11% in developing countries between 1990 and 2010. A significant majority of households in developing countries – more than 75% of the population - are living in societies where income is more unequally distributed than it was in the 1990s. Beyond a certain threshold, inequality affects growth, poverty reduction, and more broadly, the quality of relationships in public and political spheres as well as self-esteem.
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In 2016, 22 percent of global income was received by the top 1 percent compared with 10 percent of income for the bottom 50 percent.
In 1980, the top one percent had 16 percent of global income. The bottom 50 percent had 8 percent of income.
Economic inequality is largely driven by the unequal ownership of capital. Since 1980, very large transfers of public to private wealth occurred in nearly all countries. The global wealth share of the top 1 percent was 33 percent in 2016.
Under "business as usual", the top 1 percent global wealth will reach 39 percent by 2050.
Women spend, on average, twice as much time on unpaid housework as men.
Women have as much access to financial services as men in just 60 percent of the countries assessed and to land ownership in just 42 percent of the countries assessed.
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Website: UN Sustainable Development Goals
This website provides facts, targets, printouts, links and related stories and videos about SDG 10 - Reduced Inequalities.
The international community has made significant strides towards lifting people out of poverty. The most vulnerable nations – the least developed countries, the landlocked developing countries and the small island developing states – continue to make inroads into poverty reduction. However, inequality persists and large disparities remain regarding access to health and education services and other assets.
There is growing consensus that economic growth is not sufficient to reduce poverty if it is not inclusive and if it does not involve the three dimensions of sustainable development – economic, social and environmental. Fortunately, income inequality has been reduced both between and within countries. At the current time, the per capita income of 60 out of 94 countries with data has risen more rapidly than the national average. There has been some progress regarding creating favourable access conditions for exports from least developing countries as well.
Website: SDG Goal Tracker
SDG 10 Targets
This website provides facts, targets, and related stories about programmes contributing to SDG 10 - Reduced Inequalities.
10.1 By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average
10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status
10.3 Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard
10.4 Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality
10.5 Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations
Website: UN Development Programme
This website provides facts, and related stories about SDG 10 - Reduced Inequalities.
Income inequality is on the rise—the richest 10 percent have up to 40 percent of global income whereas the poorest 10 percent earn only between 2 to 7 percent. If we take into account population growth inequality in developing countries, inequality has increased by 11 percent.
Income inequality has increased in nearly everywhere in recent decades, but at different speeds. It’s lowest in Europe and highest in the Middle East.
These widening disparities require sound policies to empower lower income earners, and promote economic inclusion of all regardless of sex, race or ethnicity.
Income inequality requires global solutions. This involves improving the regulation and monitoring of financial markets and institutions, encouraging development assistance and foreign direct investment to regions where the need is greatest. Facilitating the safe migration and mobility of people is also key to bridging the widening divide.