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Oxfam: Women biggest losers in unequal global distribution of wealth

23-1-2020

Oxfam International published its annual report on Tuesday on wealth disparities in the world (https://bit.ly/30KwTFO), showing that women are the biggest losers in this already unequal distribution of wealth. It indicated that world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60% of the planet’s population. The 22 richest men in the world have more wealth than all the women in Africa. According to Oxfam calculations, 42% of women across the globe cannot get jobs because of the very large burdens of care in the private/family context against only 6% of men. Oxfam India representative, Amitabh Behar, said in a statement that women and girls are among those who benefit least from today’s economic system. For her part, Oxfam France spokesperson, Pauline Locklear, stressed that inequality affects women because of the discriminatory economic system which confines them to the most fragile and least paid jobs, starting with the care sector. (An Nahar, January 23, 2020)

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