Note: this webinar is not accompanied by a Slide Show, but you may wish to read Dr. Lopez-Claros’s Blog on the World Bank website, and his January 2015 paper on Corruption: Removing Impediments to Sustainable Economic Development: The Case of Corruption (PDF)
During his travels in Europe and America in 1912, ‘Abdu’l-Bahá referred frequently to the problem of income inequality and on several occasions called for the emergence of a new social and economic order that would address the extremes of wealth and poverty. He also put forward several specific proposals that would help to mitigate what he regarded as a serious social and economic crisis. We will review some of the problems created by widening income disparities, both for policymakers and, more generally, for social cohesion and sustainable economic development. The presentation, building on the ideas of the Master, will also explore several ways in which inequality could be mitigated over the medium term, all of them within the grasp of governments everywhere, particularly in the developing world, where inequality has especially undesirable consequences. None of these possible remedies to the problem of inequality are getting the attention they deserve, all of them would make a great difference.
