We need inclusive economies to address global risks posed by economic inequality and poverty. Rising to national and global challenges requires more than just growth accruing to powerful private interests and more than tax and transfer policies alone can provide. It requires economies to produce fair and just market outcomes on their own. This work stream is about such a vision. FES New York works with economic experts in academic, civil society and international organizations as well as with policymakers in governments toward progressive global economic transformation.
Shahra Razavi expertly narrates how the current crisis is affecting social protection systems worldwide and what must be done to "build back better."
What does the current global crisis reveal about the status of social protection as an inviolable human right?
COVID-19 is exacerbating inequalities of all kinds. What can the World Bank do?
As the IMF and UNCTAD warn of a global financial crisis, the world economy is at a critical juncture.
When disaster hits, already impoverished countries find themselves in debt traps. Only a global mechanism can prevent this.
There are opportunities to galvanize joint efforts at the UN and beyond. The authors offer reflections on potential ways forward.