Six Ways Economies Can Tackle The Wealth Divide
Karl Happe, CIO of insurance related strategies at Allianz Global Investors
Rising economic inequality will remain a pressing global problem in 2019 - it drags down growth and destabilises societies, putting low- to middle-income earners in increasingly precarious situations as fewer people control a growing share of income and wealth, writes Allianz Global Investors' Karl Happe.
While the biggest impact is on those on the lower end of the economic spectrum, economic inequality has ramifications for everyone. Government revenue streams are becoming stretched as tax coffers shrink...
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