2,000 of the world’s richest people hold more than the poorest 4.6 billion combined
2,000 of the world’s richest people hold more than the poorest 4.6 billion combined
2,153 of the world’s richest people hold more money than the poorest 4.6 billion combined in 2019 while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam said.
The report released ahead of the annual World Economic Forum of political and business leaders in Davos, Switzerland, said that women around the world work 12.5 billion hours combined each day without pay or recognitio and added at least $10.8 trillion a year in value to the world economy.
To highlight the level of inequality in the global economy, Behar cited the case of a woman called Buchu Devi in India who spends 16 to 17 hours a day doing work like fetching water after trekking 3km, cooking, preparing her children for school and working in a poorly paid job.
