ABOUT HOUSEHOLD WEALTH AND INEQUALITIES IN THE CONTEXT OF COVID 19 CRISIS AT GLOBAL LEVEL

Nicoleta Mihaila
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Nicoleta Mihaila: Centre for Financial and Monetary Research "Victor Slavescu", N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2021, vol. 9, issue 1, 68-75

Abstract: The current health crisis has led to important changes in the global wealth of the population, respectively the rich have become richer, the poor poorer, and social inequalities have deepened. The purpose of this paper is to make an analysis of the wealth of the population at global level in 2020 and to propose some solutions of tax nature in order to help the vulnerable population and to limit the growth of very large fortunes. The methodology is a descriptive one, using the data provided by the OECD and Credit Suisse reports on global wealth.

Keywords: wealth; financial wealth/ adult; debt/ adult; inequalities; tax policy (search for similar items in EconPapers)
JEL-codes: H31 I38 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:9:y:2021:i:1:p:68-75

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