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Building a More Equal Ghana: A 5-point action plan to close the gap between the rich and the rest

September 17, 2018

Oxfam estimates that just one of the richest men in Ghana earns from his wealth more in a month than one of the poorest women could earn in 1,000 years. Inequality is slowing down poverty reduction, hampering economic growth and threatening social cohesion. Nearly 300,000 more men, women and children in Ghana could have been lifted out of poverty between 2006 and 2013 had inequality not increased during this period. Inequality is not inevitable and can be addressed. In 2017, servicing public debt cost Ghana more than the annual amount the government would need to pay for free quality healthcare for all Ghanaians and to deliver on its globally agreed health goals by 2030.In this report, Oxfam calls on the government of Ghana to use public spending to reduce inequality, and put women's economic empowerment at the heart of policy making.  

Closing the Divide in Malawi: How to Reduce Inequality and Increase Prosperity for All

April 20, 2018

Inequality between the richest and the rest in Malawi continues to rise, with poverty remaining extreme and endemic. Climate change is compounding the challenges, with recent droughts and floods likely to have worsened poverty, resulting in one in three Malawians relying on humanitarian assistance in 2016. Economic inequality threatens to undermine the hard-fought and important progress on some aspects of human development in Malawi.This report presents a vision, roadmap and policy recommendations for a more inclusive, equitable and prosperous Malawi. It shows that inequality is not inevitable but the result of policy choices made by those with power. Breaking out of slow and unequal growth requires government, development partners and institutions to work for all, especially for those living at the margins, rather than serving powerful vested interests.

Great Expectations: Is the IMF Turning Words Into Action on Inequality?

October 10, 2017

In recent years, the International Monetary Fund has become a global leader in highlighting the inequality crisis; consistently identifying it as a major threat to human progress and prosperity. This is a significant shift from its previously held position that rising inequality was a necessary trade-off for achieving greater economic growth.What is the IMF doing in practice to operationalize its agenda for tackling inequality? The IMF's main initiative has been a series of pilots that integrate inequality analysis into its economic surveillance of countries. This paper outlines Oxfam's evaluation of these pilots and finds that they are not promoting policies that reduce inequality. It gives recommendations for the IMF to systematically incorporate the fight against inequality into its research and its actions on the ground