Global economic recovery feeds growing inequality

The economic recovery is gathering pace but too few people are feeling the benefits, and experts warn that rising inequality is the single biggest risk the world economy faces.

1-20-14-CNNMoney

The top line numbers are looking brighter: The global economy should grow by 3.2% this year, up from 2.4% in 2013, according to the World Bank.

Yet for many, in the developed world and emerging markets alike, the recovery from the worst economic crisis since the 1930s has a phantom-like quality. Many people can’t see an improvement in their quality of life, and the gap between the rich and poor is growing.  Read more

Categories: Economy, United States

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