Ramaphosa launches G20 panel to address extreme global inequality:
The panel, chaired by Nobel prize-winner economist Joseph Stiglitz, will produce ...
mg.co.za/news/2025-09-02-ramaphosa-launches-g20-panel-to-address-extreme-global-inequality/
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G20 Panel Tackles Growing Global Wealth GapNobel laureate-led team to deliver first-ever G20 report on extreme inequality amid rising debt and trade disruptions.
- President Ramaphosa launched a G20 expert panel to advise on combating severe global wealth disparities.
- The committee, chaired by Joseph Stiglitz, will provide the G20 with its inaugural report on economic inequality.
- Africa faces a debt crisis with nearly $89 billion due in 2025, hindering health, education, and infrastructure spending.
- Rising inequality threatens democracy and economic progress, worsened by trade conflicts and unstable financial systems.
Inequality has widened to extremes that threaten democracy itself and should be a concern of all of us.— Joseph Stiglitz, regarding the growing inequality and its threat to democracy.
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The Extraordinary Committee was correct when it said that the world is facing an inequality emergency. The International Panel on Inequality represents a concrete opportunity to confront this emergency.— Ramaphosa, speaking at the Wits School of Governance on 24 April 2026, about the global inequality emergency and the establishment of the International Panel on Inequality.
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Now, countries resort to wars, resort to bombing other countries with which they disagree, and this militates against democracy.— Ramaphosa, speech at the Summit on Defence of Democracy
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