economic inequality – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 12 Jan 2026 10:37:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png economic inequality – Artifex.News https://artifex.news 32 32 Inequality top economic concern for youth globally: WEF survey https://artifex.news/article70500952-ece/ Mon, 12 Jan 2026 10:37:00 +0000 https://artifex.news/article70500952-ece/ Read More “Inequality top economic concern for youth globally: WEF survey” »

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More than 57% cited financial concerns among their biggest sources of stress or anxiety. Image for representation only.
| Photo Credit: Getty Images/iStockphoto

Growing inequality between the rich and poor is the top-most economic concern for the youth across the world, while a large number of them want to run for political office rather than just critique, a new survey showed on Monday (January 12, 2026).

The World Economic Forum’s Youth Pulse 2026: Insights from the Next Generation for a Changing World 2026 report sought to know how the next generation is interpreting, and responding to, rapid economic, political, technological and environmental change.

The survey, drawing insights from nearly 4,600 young people aged 18–30 in 144 countries and territories, found that 48.2% identify ‘growing inequality between the rich and poor’ as the top economic trend shaping the future.

Yet in regions such as Sub-Saharan Africa and South Asia, entrepreneurship emerged as the most powerful economic force — reflecting growing confidence in innovation and self-determination as key drivers of opportunity.

More than 57% cited financial concerns among their biggest sources of stress or anxiety.

The study also found that youth priorities are practical and policy-ready. The most-cited empowering measures were creating employment opportunities for youth (57.2%), equal access to affordable, quality education (46.1%), and affordable housing and financial independence (32.2%).

Showing that trust is earned close to home, young people rated community leaders as most effective in driving positive change (60%), reinforcing demand for leadership that is proximate, accountable and delivers tangible results.

Despite concern over geopolitical tensions and democratic erosion, nearly half of respondents highlighted positive political shifts — from innovative governance models and greater civic participation to stronger international cooperation and the inclusion of under-represented groups in policy-making.

It also found that it was a generation ready to govern, not just critique, as 36% said they are likely to run for political office, challenging assumptions of political apathy.

Climate remained the defining global concern, even under economic strain, in the survey.

More than 56% identified climate change and environmental degradation as the greatest threat to the world; personally, 51% cited inflation and instability as their greatest worry, while 41 per cent identified climate change as the second most significant threat to their lives.

The report also documented more than 800 youth-led solutions advanced over the past year directly reaching over 2.2 million people worldwide.

A vast majority of 95% said that intentionally designed youth communities provide a critical space for learning, growth, and dialogue.

On technology, two-thirds of respondents believed AI would reduce entry-level job opportunities, underscoring awareness of disruption and the need for adaptive skills and forward-looking policies and systems.

Nearly 60% of young people reported using AI regularly to enhance their skills, with another third experimenting occasionally. Only a small minority was not yet engaged with AI tools.

Regular AI use among young people was found to be high across regions, challenging assumptions that digital innovation is concentrated in a few markets.

The results of the survey are likely to be discussed widely during the WEF Annual Meeting next week in Davos, Switzerland, from January 19-23.



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Economist underlines snail-paced growth of India’s per capita GDP https://artifex.news/article68003230-ece/ Thu, 28 Mar 2024 16:16:50 +0000 https://artifex.news/article68003230-ece/ Read More “Economist underlines snail-paced growth of India’s per capita GDP” »

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Maitreesh Ghatak, London School of Economics speaking at the pre-event session of 64th conference of Indian Society of Labour Economics on ’Growing apart? Growth, poverty and inequality in post-liberalisation India’, held at University of Hyderabad on March 28, 2024.
| Photo Credit: Serish Nanisetti

The train engine is moving fast, the coaches nearest to it are moving fast but the coaches in the rear are not moving as fast. Using this analogy, Maitreesh Ghatak of London School of Economics sought to know the sustainability of economic growth when gains go to a disproportionately small fraction of the population.

Speaking at the pre-event session of 64th conference of Indian Society of Labour Economics on ’Growing apart? Growth, poverty and inequality in post-liberalisation India’, Mr. Ghatak used extensive data to show the growth of inequality in the country after liberalisation.

“60% of India’s consumer expenditure is on food and energy,” he said, citing data from Centre for Monitoring the Indian Economy. He shared how the GDP of India has grown moving it from 17th position in early 1990s to the current 5th position. “But the per capita GDP rise of India has been from 161st position to 159th. In contrast, China’s GDP grew from 11th position to 2nd and at the same time its per capita GDP rank rose from 158th to 75th,” he said.

“Income distribution drives demand; this affects induced demand for factors of production, which drives income distribution. This interplay of the two could lead to segregation of the economy in terms of money/wealth with limited trickle down or up,” said Mr. Ghatak.

The ISLE conferences bring together academicians and public intellectuals studying of labour and industrial relations and economy. The 64th conference at the University of Hyderabad is set to begin from March 29 and end on March 31. 



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