Development

Transcript

Widening Inequality Threatens U.S. Growth and Social Mobility

Speaker: Jose Angel Gurria
Presider: Mary Ellen Iskenderian

Inequality has been steadily rising in the United States since the 1970s, but the gap between rich and poor increased dramatically following the financial crisis of 2008. José Ángel Gurría of the Organization for Economic Cooperation and Development joins Mary Ellen Iskenderian of Women's World Banking to discuss the growing inequality problem and what steps can be taken to promote more inclusive growth going forward.

See more in Global; Economic Development

Foreign Affairs Article

Six Markets to Watch: Turkey

Author: Daniel Dombey

For much of last year, Turkey's economy seemed almost on top of the world. In May, as huge construction projects moved ahead, Ankara paid off its remaining debt to the International Monetary Fund, ending what seemed to many Turks a long history of humiliation.

See more in Turkey; Emerging Markets

Audio

Widening Inequality Threatens U.S. Growth and Social Mobility

Speaker: Jose Angel Gurria
Presider: Mary Ellen Iskenderian

Inequality has been steadily rising in the United States since the 1970s, but the gap between rich and poor increased dramatically following the financial crisis of 2008. José Ángel Gurría of the Organization for Economic Cooperation and Development joins Mary Ellen Iskenderian of Women's World Banking to discuss the growing inequality problem and what steps can be taken to promote more inclusive growth going forward.

See more in Global; Economic Development

Video

Widening Inequality Threatens U.S. Growth and Social Mobility

Speaker: Jose Angel Gurria
Presider: Mary Ellen Iskenderian

Inequality has been steadily rising in the United States since the 1970s, but the gap between rich and poor increased dramatically following the financial crisis of 2008. José Ángel Gurría of the Organization for Economic Cooperation and Development joins Mary Ellen Iskenderian of Women's World Banking to discuss the growing inequality problem and what steps can be taken to promote more inclusive growth going forward.

See more in Global; Economic Development

Must Read

Financial Times: Obama Walks Into Crossfire of Asian Tensions

Authors: Geoff Dyer, Demetri Sevastopulo, and Simon Mundy

"The U.S. has been particularly frustrated at the deterioration in relations between Tokyo and Seoul, as it believes that relationship is important to help check the rise of China in the region, which is one reason that some high-profile Asia experts in the US have been urging Mr Obama to visit South Korea."

See more in Japan; South Korea; Economic Development; Global Governance

Must Read

New Republic: The Loneliness of Vladimir Putin

Author: Julia Ioffe

"The increasingly real threat of economic turmoil is already chipping away at Putin's power with more effectiveness than any protest movement. There is bound to be a vacuum when the forces of economics prevail. But a movement that is pulled in myriad different directions, that cannot decide on an identity, and yet lacks variety in its leaders cannot fill the void. By crushing the opposition, Putin has all but ensured that, once again, Russia's history will repeat itself, and only the wrong people will be there to step in—the ultra-nationalists, childlike faddists, and dangerous purists."

See more in Russia and Central Asia; Economics; Development