General Assembly Second Committee - ECOFIN
Cite as https://mymun.com/ppdb/9638
RUSSIA ON REDUCING INEQUALITY & FINANCING SUSTAINABLE ECONOMY
Committee: General Assembly
Topic Area: Reducing Inequality & Financing Sustainable Economy
The delegation of Russia expresses its concern about inequality & financing sustainable economy due to the fact that it has been a major issue in the world. The problem is that there seems to be an unequal distribution of wealth among its citizens. According to the OECD, the average income of the richest 10% of the population is about nine times that of the poorest 10% across the OECD countries.(1) Meanwhile according to the United Nation, on average income inequality increased by 11 per cent in developing countries between 1990 and 2010.(2) We have determined major factors that contribute the severity of economic inequality worldwide. These include the information technology revolution; this resulted...