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Wealth shifts across ages will exacerbate inequalities

Location:

INT

Huge wealth transfers from those currently over 60 to the under-60s in the coming decades will have broad implications

This downturn will be more job-rich than past slumps

Location:

INT

Employment recovered far faster from the pandemic global recession than past crises, and remains historically strong

Policy is key to curbing the forces driving inequality

Location:

INT

The rich are getting richer globally but policies fostering redistribution, diversification and growth can check this

Risks and opportunities 2021: Global economy

Location:

INTERNATIONAL

Economic and health policies are key to the West and many developing nations emerging swiftly from double-dip recession

Climate change GDP risk is high regardless of income

Location:

INT

A new study overrules past suggestions that poorer, tropical nations will lose more GDP to the impacts of climate change

Policy can prevent productivity pay gaps proliferating

Location:

INT

The widening US productivity pay gap, where GDP gains are paid to workers less and less, is not replicated globally

Workforce shrinkage will not inevitably push wages up

Location:

INT

Potential workforces are shrinking as populations age and labour participation falls or stagnates in major economies

Taxing capital over income and spending needs momentum

Location:

INT

Wealth is more unequal than income; tackling property prices and tax is more crucial for some nations than others

Joblessness will rise as job-save policies are unwound

Location:

INT

Policies have reduced the damage COVID-19 has done to Western job markets but these temporary schemes have to be unwound

Redistribution is key to the future of the workforce

Location:

INT

Technology will raise productivity and living standards; redeployment rather than fear of unemployment must guide policy