Oxfam recently launched a report showing that 8 individuals own as much as half of the earth's population. The extreme inequality is impossible to justify, but the report blames outdated assumptions. Leading economists no longer believe that poverty can be eradicated through growth that "seeps down". If current economic thinking is put into use, an inclusive development is possible, write Elina Scheja and True Schedvin in Sida's chief economist team.
January 31, 2017, Debate