Panel Discussion – Inequality and The 1%: Is a Transformative Fiscal Policy Possible?

Reducing inequality (SDG10) requires progressive and substantial shifts in fiscal policy and an essential equality-enhancing instrument with the potential to do three things: (1) raise necessary revenues for public spending which tackles vertical and horizontal inequalities; (2) stem market incentives for accumulation of income and wealth at the top; and (3) forge a credible fiscal compact between citizens and the state. But how can such progressive policies be implemented while those in power benefit from the status quo?

Experts from the United Nations, the IMF, Oxfam and the research community discuss these and many more questions on fiscal policy and socioeconomic disparities, in the context of the High-Level Political Forum (HLPF), the United Nations main platform to review progress and provide guidance and recommendations on implementing the 2030 Agenda for Sustainable Development.

→ Panel Discussion
00:02:13 Paul Ladd, Director, UNRISD

00:08:54 Katja Hujo, Senior Research Coordinator, UNRISD 💬 Overcoming Inequalities in a Fractured World—the Politics of Transformative Change and Fiscal Policy

00:20:47 Ricardo Fuentes-Nieva, Executive Director, Oxfam Mexico 💬 Grabbing the Spoils: Economic Inequality, Political Capture and the Decay of the Social Contract

00:31:57 Shahra Razavi, Chief of Research and Data, UN Women 💬 Turning the Tide of Intersecting Inequalities: the Role of Family-Friendly Policies

00:48:08 Dora Benedek, Deputy Division Chief, Fiscal Policy Department, IMF 💬 Fiscal Policy for Inclusive Growth and Sustainable Development

01:00:50 Fernando Filgueira, Senior Researcher, CIPPEC (Argentina) and CIESU (Uruguay) 💬 Achievements and Challenges of an Egalitarian Growth Strategy: Tax, Social Policy and Wage Coordination Reforms During Uruguay’s Frente Grande Administrations

This event was organized jointly with the Friedrich-Ebert-Stiftung (FES) New York Office.

📰 Read the summary of the event http://www.unrisd.org/eb8

🔎 Visit the project page http://www.unrisd.org/overcominginequalities

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