Ideas to Action:

Independent research for global prosperity

CGD in the News

Lost Opportunities for Global Majority [FT]

May 3, 2006

In this letter to the editor, CGD president, Nancy Birdsall writes about the rising inequality in the developing world and what can be done to create a more equitable global society.

From the article:

"In the developing world the basic cause of rising inequality is more worrying. The globalisation of the market economy has combined with unequal access to education to ensure that most of its benefits go mostly to a privileged minority of the highly educated. Global markets naturally reward those with the asset that is most valued - and in the developing world today that is university education and the skills and flexibility it encourages."