joseph stiglitz event on inclusive growth

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Making inclusive growth a reality:

how to tackle the inequality crisisProfessor Joseph Stiglitz, Columbia University

Rain Newton-Smith, Director of Economics, CBI

Caroline Spelman MPLiam Byrne MP

Torsten Bell, Resolution Foundation#inequality / @resfoundation

Wifi: 2QAG_guest p: W3lc0m3!!

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Fair shares?The UK inequality context

Torsten Bell

March 2016

@TorstenBell

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The history: big change in inequality in the 1980s

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The history: recent change driven by falls in earnings at the top

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The present: little change to inequality as incomes rise (slowly) across the distribution

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The future: inequality forecast to rise in next 5 years

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The future: relative poverty forecast to rise in next 5 years

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The top 1%: share of income steadily growing

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The top 1%: latest tax return data suggests return to income growth

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International perspective: high UK market income inequality

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International perspective: high UK market income inequality, offset by typical level of redistribution

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International perspective: global inequality is falling

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Making inclusive growth a reality:

how to tackle the inequality crisisProfessor Joseph Stiglitz, Columbia University

Rain Newton-Smith, Director of Economics, CBI

Caroline Spelman MPLiam Byrne MP

Torsten Bell, Resolution Foundation#inequality / @resfoundation

Wifi: 2QAG_guest p: W3lc0m3!!