This is particularly true in sub-Saharan Africa, where average costs absorb about 10 per cent of the amount sent. Reduce inequality within and among countries 10.1 by 2030 progressively achieve and sustain income growth of the bottom 40% of the population at a rate higher than the national average 10.2 by 2030 empower and promote the social, economic and political inclusion of all irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status The global response to reducing inequality in the form of SDG10, and in fact the whole post-2015 agenda, is more comprehensive this time round. Reduce inequality within and among countries Explore 2018 - 2019 UNPSA initiatives and how they link to SDG 10 and its targets below. Targets. Related Thematic Areas. Globally, significant strides have been made towards lifting people out of hunger and poverty. Changing inequality among countries paints a mixed picture. The work of the Commissioner for Human Rights relating to reducing inequality comprises a wide range of actions focused on promoting the social, economic and political inclusion of all, irrespective of age, sex, sexual orientation Refugees and migrants, as well as indigenous peoples, older persons, people with disabilities and children are particularly at risk of being left behind. In 61 countries, income Income inequality is on the rise, with the richest 10 percent earning up to 40 percent of total global income. ... reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. Goal 10: Reduce inequality within and among countries 1. This time of crisis must also be used as an opportunity to invest in policies and institutions that can. Reduce inequality within and among countries Global Tasks National Tasks Global Tasks National Tasks Global Tasks 10.1. Leveraging a moment when policies and social norms may be more malleable than during normal times, bold steps that address the inequalities that this crisis has laid bare can steer the world back on track towards the Sustainable Development Goals. On the economic front, the COVID-19 pandemic has significantly increased global. COVID-19 also puts at risk the limited progress that has been made on gender equality and women’s rights over the past decades. Leveraging a moment when policies and social norms may be more malleable than during normal times, bold steps that address the inequalities that this crisis has laid bare can steer the world back on track towards the Sustainable Development Goals. At the current time, the per capita income of 60 out of 94 countries with data has risen more rapidly than the national average. There needs to be an increase in duty-free treatment and continuation of favoring exports from developing countries, in addition to increasing the share of developing countries’ votes within the IMF. Taxation is an essential tool for governments to achieve both of these objectives; hence the inclusion of fiscal policy in target 10.4 (“Adopt policies, especially fiscal, wage and social [...] accelerate to reduce growing disparities within and among countries. In most countries whose per capita income/consumption grew during this period, growth was faster for the bottom 40 per cent of the population. There has been For example, in both the International Bank for Reconstruction and Development and the International Finance Corporation (both part of the World Bank Group), the voting shares of developing countries remain far below their membership levels and have not increased much over the past 16 years. In contrast, in most countries with contractions in per capita income/consumption, the bottom 40 per cent fared worse than the overall population. Changing inequality among countries paints a mixed picture. According to Global Financial Integrity, developing countries lost $6.6 trillionin illicit financial flows from 2003 through 2012, with illicit outflows increasing at an average rate of 9.4 percent per year. 10.c. Inequality within and among countries is a persistent cause for concern. To ensure that people everywhere have access to essential services and social protection. While within-country inequality is important, it can obscure the even greater income inequality that persists across countries. 10. However, the targets of SDG 10 are rather weak. Progress towards targets will be measured by indicators. Refugees and migrants, as well as indigenous peoples, older persons, people with disabilities and children are particularly at risk of being left behind. Reduce inequality within and among countries Globally, significant strides have been made towards lifting people out of hunger and poverty. It is maintained by the United Nations Statistics Division (UNSD), a division of the Department of Economic and Social Affairs (DESA). For all other previous UNPSA cases from 2017 - 2003, click here. and among countries The SDG 10 aims to reduce inequality which persists in income as well as that based on age, sex, disability, religion or economic or other status within a country as well as among countries. The contraction in 2015 was largely due to a steep decline in private resource flows. The reference to both "within" and "among" countries highlights just how much this is an issue for all countries not only developing ones. 42. SDG 10 - Reduce inequality within and among countries. Income inequality is on the rise—the richest 10 percent have up to 40 percent of global income whereas the poorest 10 percent earn only between 2 to 7 percent. For more information, see the SDG-10 Goal of the Month package: https://www.un.org/sustainabledevelopment/goal-of-the-month-may-2020, 10.1 By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average, 10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status, 10.3 Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard, 10.4 Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality, 10.5 Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations, 10.6 Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutions, 10.7 Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policies, 10.A Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements, 10.B Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes, 10.C By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent, United Nations Department of Economic and Social Affairs, United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UNOHRLLS), dpicampaigns2020-12-18T16:13:20-05:0018 Dec 2020|, As governments move to secure COVID-19 vaccines for their populations, choosing these treatments should not be viewed as “some kind of nationalistic footrace”, with some countries winning and others losing, a senior official with the [...], dpicampaigns2020-12-18T12:40:06-05:0018 Dec 2020|, The end of the pandemic is in sight but we must not let our guard down, the head of the World Health Organization (WHO) said on Friday, as he welcomed the news that the global [...], dpicampaigns2020-12-18T06:50:20-05:0018 Dec 2020|. Reduce inequality within and among countries Explore 2018 - 2019 UNPSA initiatives and how they link to SDG 10 and its targets below. The challenges are underscored by UN chief António Guterres in the foreword, in which he states that the … Sustainable Development Goal 10 (Goal 10 or SDG 10) is about reduced inequality and is one of the 17 Sustainable Development Goals established by the United Nations in 2015. Goal 10 in Action Explore the Targets Too much of the world’s wealth is held by a very small group of people. 10.b. If we take into account population growth inequality in developing countries, inequality has increased by 11 percent. The region that received the largest share of total resource flows was Latin America and the Caribbean (a little over 100 billion US dollars), while flows to Eastern and South-Eastern Asia fell from about 80 billion US dollars in 2010 to about 50 billion US dollars in 2015. Women are also more likely than men to live below 50 per cent of the median income. Subscribe to Goal 10 - Reduce inequality within and among countries About Engagement Member States Local and Regional Government UN System Other Inter … Reduce inequality within and among countries. In turn, this will increase empowerment, social promotion, and political inclusions for all, irrespective of age, sex, disability, race, ethnicity, origin, religion, or economic status. Goal 10: Reduce inequality within and among countries. Aims to reduce inequality within and among countries; countries should achieve and sustain income growth to the bottom 4 per cent of the population at a rate higher than the national average. Total resource flows for development include official development assistance, other official flows, private flows and net grants by non-governmental organizations. To reduce inequality, policies have to be put in place to empower and promote the social, economic and political inclusion of all. Many international organizations and bodies, including the United Nations General Assembly and the World Trade Organization, operate under a one member/one vote system. Department of Economic and Social Affairs, SDG Monitoring and Reporting Toolkit for UN Country Teams, United Nations Statistics Division (UNSD), Department of Economic and Social Affairs (DESA). On average, post offices and money transfer operators charge over 6 per cent of the amount remitted; commercial banks charge 11 per cent; and the global average cost of transferring money is just over 7 per cent, according to World Bank Remittance Prices Worldwide. At the current time, the per capita income of 60 out of 94 countries with data has risen more rapidly than the national average. SDG 10: Reduce Inequality within and among Countries by 2030 The SDGs The OWG on SDGs proposed a stand-alone goal on inequality with seven targets and three means to achieve them. Inequality still persists and large disparities remain in access to health and education services and other assets. While a number of failings may be identified in this respect, two are of particular To reduce inequality, policies should be universal in principle, paying attention to the needs of disadvantaged and marginalized populations. July 2014. ii United Nations. By referencing within and among nations, this SDG highlights how much inequality is a challenge for every country and not just the developing ones. At the same time, reduced inequality is associated with stronger, more sustainable growth. When the 17 SDGs of the 2030 Agenda for Sustainable Development were formulated, the reduction of inequality was made a goal in its own right in SDG 10, which urges global community to “reduce inequality within and among countries”.”. SDG 10 aims to reduce inequality not only within countries but also among countries. COVID-19 has deepened existing inequalities, hitting the poorest and most vulnerable communities the hardest. s with significant disabilities have access to disability benefits globally, and only 1per cent in low-income countries. of income inequality is due to inequality within households, including between women and men. Architect Global Income Schemes With highly-developed IT technology Goal 10 Reduce inequality within and among countries It was recognized that the sustainable development goals (SDGs) would have to be more universal and more inclusive than the Millennium Development Goals (MDGs), to address a wider range of socioeconomic differences around which inequalities had emerged and grown. SDG 10 aims to reduce inequality not only within countries but also among countries. If states want to reduce substantive inequality between countries, they should focus on realising specific targets within goal 10. Events. From 2005 to 2015, the proportion of tariff lines globally with duty-free treatment for products originating in developing countries increased from 41 per cent to 50 per cent; for products originating in the least developed countries, the proportion rose from 49 per cent to 65 per cent. Progress in reducing inequality within and among countries has been mixed. Inequalities are also deepening for vulnerable populations in countries with weaker health systems and those facing existing humanitarian crises. Despite some positive signs toward reducing inequality in some dimensions, such as reducing relative income inequality in some countries and preferential trade status benefiting lower-income countries, inequality still persists. This suggests that those in the bottom 40 per cent are particularly vulnerable to economic changes, and that sustained income growth overall is necessary to reduce inequality and ensure shared prosperity. The Goal has ten targets to be achieved by 2030. There has been 10 Reduce inequality within and among countries. Of the one billion population of persons with disabilities. The first (and only time-bound) target is aimed at states: By 2030, progressively achieve and sustain the growth of the bottom 40 per cent of the population at a rate higher than the national average. The most vulnerable nations – the least developed countries, the landlocked developing countries and the small island developing states – continue to make inroads into poverty reduction. For more information, see the SDG-10 Goal of the Month package: https://www.un.org/sustainabledevelopment/goal-of-the-month-may-2020, Evidence from developing countries shows that. Wide and often mutually reinforcing disparities are also evident within countries, including disparity in terms of: rural/urban disparities, household wealth, gender, ethnic minorities and indigenous people, migrant status, and disability. This is the official website of the United Nations providing information on the development and implementation of an indicator framework for the follow up and review of the 2030 Agenda for Sustainable Development. Least developed and landlocked developing countries received more than 10 per cent of all total resource flows for development in 2015, a continuation of consistent increases over the last 15 years. Reduce inequality within and among countries Inequality exist in various forms, such as economic, sex, disability, race, social inequality, and different forms of discrimination. The World Social Report 2020, published by the UN Department of Economic and Social Affairs (DESA), shows that income inequality has increased in most developed countries, and some middle-income countries - including China, which has the world’s fastest growing economy.. Future of Work. One way to measure inequality within a country considers the share of people living below 50 percent of its median income, with changes measured by the relative income growth of the poorest 40 percent. Other organizations, such as the International Monetary Fund (through its recent quota reform) and the Financial Stability Board, have increased the voting shares of developing countries during this period. However, progress will need to accelerate to reduce growing disparities within and among countries. In developing countries, inequality has increased by 11 percent if we take into account the growth of population. Between 2010 and 2016, in 60 out of 94 countries with data, the incomes of the poorest 40 per cent of the population grew faster than those of the entire population. Others have a more complex decision-making mechanism in place. SDG 10: Reduce Inequality Within and Among Countries SDG 10 and its associated targets are somewhat conservative in their formulation. Goal 10 in Action Explore the Targets Too much of the world’s wealth is held by a very small group of … Related Thematic Areas. New and improved technologies, such as prepaid cards and mobile operators, charge lower fees for sending money home (between 2 per cent and 4 per cent), but are not yet widely available or used in many remittance corridors. It also relates to the difference between different countries. has been significantly extended globally, yet persons with disabilities are up to five times more likely than average to incur catastrophic health expenditures. If we take into account Inequality still persists and large disparities remain in access to health and education services and other assets. Reducing inequality requires resources; both (re)distributing currently available resources more fairly, and raising more resources to invest in goods and services which tackle inequality. The most vulnerable nations – the least developed countries, the landlocked developing countries and the small island developing states – continue to make inroads into poverty reduction. 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