Economics

UN 2030 AGENDA: Glimps On Reduction of Inequality

Chronic Poverty

The global economy has over the year been encapsulated by chronic poverty, and hunger and inequality coupled with lots of other social, economic and political problems. However the United nations has deemed it necessary to help nations to fight and eradicate any Economic, social and political challenges by developing the mid-term agenda called Global goals. The maiden agenda which was only 7 in number was the Millennium development goals (MDGs) which was from year 2000 to 2015 and now UN has proceeded with Sustainable development goals (SDGs) which commenced from 2015 and is expected to elapse in the year 2030. Inequality has jeopardized economic growth and created a serious barrier to eradicating poverty, the bedrock of the 2030 Agenda.

The 2030 Agenda and the 17 Sustainable Development Goals (SDGs) encompass human rights, climate and economic growth and lay out a clear path to a sustainable future.
We are making progress, but results are mixed. And all these goals — which represent our last hope to stop runaway climate change — face a huge obstacle in the form of growing inequality.

Inequality is a paradox of our times; in recent decades innovation has exploded, poverty has gone down in every region of the world and emerging markets are booming.
Yet inequalities persist and grow, intersecting and reinforcing each other and perpetuating intergenerational poverty and exclusion.

Source
UNDP
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