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Public Finance and Social Protection
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Global Issue
Industry
Economy
4th Industrial Revolution
Global Issue
Industry
Economy
4th Industrial Revolution
Public Finance and Social Protection
Explore context
Public Finance and Social Protection
This social enterprise crowdfunds training for homeless people
Beam accepts referrals from councils and other homeless charities. Donations of more than £1.5 million have been raised since 2017.
Financial and Monetary Systems
This chart shows how debt-to-GDP is rising around the world
Falling revenues combined with costly pandemic relief measures have increased global debt by $20 trillion since the third quarter of 2019.
United States
From taxes to transport: visualizing America's $27 trillion debt
Since 2008, America’s national debt has surged nearly 200%, reaching $27 trillion as of October 2020. During the Global Financial Crisis public debt climbed to 95% of GDP.
Workforce and Employment
Working more for less: How wages in America have stagnated
A study by the Economic Policy Institute has found that the growth in compensation is lagging far behind productivity of the American employee.
SDG 10: Reduced Inequalities
How COVID-19 is exposing 'hidden poverty' across unequal cities
About half of the world's population live in urban areas, and city mayors are on the frontline of the COVID-19 response working to ensure they are supported with health and social care.
United States
How US foreign policy will shape the 'Great Reset' - 12 experts explain
Experts from the Word Economic Forum's US Global Future council explain how the United States can steer its foreign policy efforts to aid the global recovery.
Canada
50 homeless people in Canada were given over $5,000 each. Here’s what happened next
One-off cash payments are a simple and effective way of cutting homelessness, according to a new study. Findings are key as COVID-19 stokes the crisis.
The Great Reset
Why bailing out companies doesn't help people recover from economic shocks of COVID-19
To build resilience and alleviate consequences of recessions, governments should realign incentives for companies and focus spending on social protection.
United States
Wage gaps are costing the U.S. economy trillions of dollars
Citigroup has published a new report estimating the US has lost around $16 trillion dollars since 2000, due to racial inequality.
SDG 08: Decent Work and Economic Growth
How does the COVID recession compare?
Although every recession is different, history offers lessons for the current pandemic-induced downturn, writes economist Michael Boskin.
China
China's hidden crisis: caring for an aging population
In 2050, it's expected that one-third of China's population will be over the age of 60. This will put immense pressure on the nation to support an aging population.
United States
The majority of Americans are against a universal basic income - study
A narrow majority, 54% of Americans, are opposed to the idea of a universal basic income (UBI). Within this, there are stark contrasts between certain demographics.
Public Finance and Social Protection
5 types of fintech startups that can drive financial inclusion
Fintech startups are offering new, innovative services to increase financial inclusion.
Information Technology
Cloud technology is transforming public services. This is how
Cloud computing became a lifeline for many governments during COVID-19. Here's how it can support vital services from emergency hotlines to online education.
Migration
4 critical steps for fighting a historic remittance decline in South Asia
Payments back home from migrants could see a $400 billion drop this year. Here's how to prevent this historic decline and ease the economic recovery.