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Why inclusive growth needs better tax policies

Bron: EY - 16 april 2018

The past few decades have been extraordinarily fruitful for global wealth creation. Since the end of the Cold War, the spread of free markets and trade around the world has reduced the cost of commerce and driven up living standards everywhere.

The number of people living in absolute poverty has decreased significantly, declining from 1.9 billion in 1990, to 836 million today, according to UN figures. In 1990, almost half of the population in developing countries lived on less than $1.25 a day. By 2015, the UN was reporting that that figure had dropped to 14%. This has gone hand in hand with improving living standards, as reflected in a range of metrics, from rising rates of literacy to declining rates of infant mortality.

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