Turn the Tide - G20 Media Briefing

G20 Leaders meeting in Brisbane, Australia this weekend (15 and 16 November) are being urged to tackle rising inequality head-on or risk leaving millions of people trapped in poverty, as new figures reveal the wealth disparity in a number of G20 countries.

 

Oxfam's report ahead of the G20, Turn the Tide, reveals that since December 2013, the total wealth in the G20 increased by US $17 tr, but the richest one per cent of people in the G20 captured a staggering US $6.2 tr of this wealth – 36 per cent of the increase.

Publication Date: 
November 2014