Summary of Report of the Independent Expert on the Effects of Foreign Debt

...and Other Related International Financial Obligations of States on the Full Enjoyment of Human Rights, Particularly Economic, Social and Cultural Rights

United Nations,

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Report of the Independent Expert on the Effects of Foreign Debt summary
A United Nations report reveals inequality to be one of the causes of financial crises.

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8 Overall

9 Importance

7 Innovation

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Policy leaders are increasingly focusing on income and wealth inequality as the global economy continues its plodding recovery from the 2008 financial crisis. Juan Pablo Bohoslavsky, the United Nations’ Independent Expert on foreign debt and human rights, examines whether inequality can cause financial disruptions and outlines the many effects that crises have on individuals’ “full enjoyment of human rights.” getAbstract recommends his cogent, erudite analysis, which explores the layered dimensions of the inequality debate, to policy makers, executives and investors.

In this summary, you will learn

  • Why income and wealth inequality may cause financial disruptions
  • What links exist between financial crises and inequity
  • How inequality affects the ability of individuals to attain their basic human rights
 

Summary

Income and wealth inequality increased substantially during the global recovery from the 2008 financial crisis. The magnitude and extent of the gaps between the rich and the rest have joined the dominant issues in the worldwide economic conversation. Lessening inequality is one of the United Nations...
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About the Author

Juan Pablo Bohoslavsky, an attorney, is the United Nations’ Independent Expert on foreign debt and human rights.


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