The richest 1 per cent of world adults owns nearly 40 per cent of the world’s wealth. Meanwhile, inequality and wealth disparities — both within and between countries — are on the rise.
To understand the development of inequality across the globe, this project is developing the World Income Database (WIID), which is currently the most comprehensive and complete database on inequality indicators. The project also is generating new research output based on WIID data, from a study on the drivers of within-country inequality to the design of redistributive transfer systems in developing countries.
The project’s objectives are to:
Led by the UNU World Institute for Development Economics Research (UNU-WIDER), this project is supported by the Indian Council for Research on International Economic Relations, the British Department for International Development, the Swedish International Development Cooperation Agency, and the Finnish Ministry of Foreign Affairs.