Tackling inequality

A global index notes that countries like South Korea, Namibia and Uruguay are taking strong steps to reduce inequality.

09 November 2018 | Local News

Namibia has been ranked highly on an index that shows the commitment of countries to reduce inequality.

It was not only ranked 32nd out of 157 countries, but also ranked second in sub-Saharan Africa. Only South Africa received a higher score than Namibia.

The Commitment to Reducing Inequality (CRI) Index produced by Development Finance International and Oxfam, and measures the commitment of governments across the globe to reduce the gap between rich and poor.

The index is based on a new database of indicators, covering 157 countries, which measures government action on social spending, tax and labour rights - three areas found to be critical in reducing the inequality gap.

The index notes that countries like South Korea, Namibia and Uruguay are taking strong steps to reduce inequality.

However, it says countries such as India and Nigeria are doing very badly overall, as is the United States, among the rich countries of the world. It said Namibia has very high levels of inequality, but remains strongly committed to reducing them.

“Others, like Nigeria, have high levels of inequality and are failing to do anything about it,” the report said.

According to the index, Namibia remains one of the highest-ranked African countries in the index and is fifth among middle-income countries.

“It is a good example of the difference between a country's CRI ranking and traditional measures of inequality.

“Despite being one of the most unequal countries in the world, its high CRI score reflects the commitment of the Namibian government to reducing inequality, particularly through its high levels of social spending (with secondary education free for all students) and some of the most progressive taxation policies.

“Its commitment has been recognised by economist Joseph Stiglitz and others, and although inequality remains very high, it has been continually reducing inequality since 1993, and is no longer the world's most unequal country,” the index noted.

Namibia is known for its extreme income inequality, which is one of the highest in the world, despite the country's endowment with abundant natural resources, good infrastructure, a vibrant democracy, peace and stability

The index added that since the 2017 CRI, the Namibian government has increased spending on social protection and has also increased the minimum wage substantially, and a new study has shown that its taxation and spending policies are reducing inequality significantly.

Namibia was ranked 27th for social spending, 29th for taxation policies and 56th for labour rights.

However, the report pointed out that no country is doing particularly well, and even those at the top of the listings have room for improvement.

Furthermore, 112 of the 157 countries included in the index are doing less than half of what the best performers are managing to do.

According to the report, the poorest half of the world's population has received just 1% of the total increase in global wealth, while the top 1% has received 50%.



ELLANIE SMIT

Similar News

 

Ka tu li ompinge nAawambo – LPM

17 hours ago | Local News

Ongundu yoLandless People's Movement (LPM) oya holola kutya yo itayi yelekwa noongundu dhilwe dhompilameno ngaashi Congress of Democrats (CoD) oshowo Rally for Democracy and Progress...

Filth overwhelms Rundu

1 day - 20 November 2018 | Local News

The Kavango East Regional Youth Forum says Rundu's filthiness has led to a decline in tourists, while calling for serious intervention.No one, including the Rundu...

Kameeta a popile ombaanga yiikulya

1 day - 20 November 2018 | Local News

KENYA KAMBOWEKameeta okwa popi ngaaka oshiwike shapiti, pethimbo kwa tulwa miilonga pambelewa oshiyetwapo shombaanga yiikulya moRundu, moshitopolwa shakavango East.Minista okwa popi kutya aantu mboka haya...

Ondoolopa yaRundu oya nyata noonkondo

1 day - 20 November 2018 | Local News

KENYA KAMBOWEOngundu yoKavango East Regional Youth Forum oya popi kutya onyata mondoolopa yaRundu oya etitha eshuno pevi lyaatalelipo mondoolopa ndjoka, na oya pula opo ku...

Futeni omayakulo geni - Mbumba

2 days ago - 19 November 2018 | Local News

Omupeha presidende Nangolo Mbumba okwa pula oopoloyeka dhepangelo dhoGreen Scheme irrigation opo dhi fute omayakulo gadho pethimbo.Oopoloyeka dhimwe po ndhoka odha tetelwa ko olusheno omolwa...

Reho Spa transfer in high gear

5 days ago - 16 November 2018 | Local News

The ministry of environment and tourism has requested Treasury approval for returning the Reho Spa resort to the Rehoboth town council. According to the environment...

Water woes cripple Rundu

5 days ago - 16 November 2018 | Local News

The streets and pavements of Rundu have been transformed into unsightly and foul-smelling dumpsites because the town council has had to cut back on essential...

Earthquakes increase in north-western Namibia

5 days ago - 16 November 2018 | Local News

An earthquake measuring 3.7 on the Richter Scale, and lasting 10 seconds, happened 100 kilometres north-west of Kamanjab early on Wednesday.Although Namibia is generally not...

Namibia a zimine komilandu dhomukuli gwaChina monanguwi

5 days ago - 16 November 2018 | Local News

Oondokumende dhahololwa polweela oshowo oonkundathana dhopamakwatathano gomalungula kepandja lyoTwitter pokati kominista yemona Calle Schlettwein, ominista yoompangela dhopaliko Obeth Kandjoze oshowo Job Amupanda odha holola nkene...

Rundu water woes continue

6 days ago - 15 November 2018 | Local News

Despite a government/NamWater deal to supply uninterrupted water to about 90 000 residents at Rundu for the next three months, some areas are still experiencing...

Latest News

Unfit and disgusting

17 hours ago | Education

Linus Shashipapo Secondary School principal Faustinus Shikukutu says they are still waiting for a promised government intervention to renovate the school at a cost of...

Councillors defy Shaningwa

17 hours ago | Politics

A group of Swapo councillors at Rundu are planning to boycott today's town council office-bearer elections due to uncertainty over whether mayor Verna Sinimbo will...

Civil society crucial for democracy...

17 hours ago | Columns

For a nation that is trapped in victimhood when it comes to fighting corruption, holding leaders accountable or simply advocating for the rights of ordinary...

Namibians feel unsafe

17 hours ago | Crime

Namibia is ranked as one of the worst countries when it comes to law and order.The global polling group Gallup has published the results of...

Africa news in brief

17 hours ago | Economics

IMF says optimism in South Africa's economic recovery fadingSouth Africa’s economic recovery plans face serious constraints with growing debt of state firms domestically and capital...

We're not anti-Aawambo - LPM

17 hours ago | Politics

The Landless People's Movement (LPM) is based on solid principles and cannot be compared with the Congress of Democrats (CoD) and Rally for Democracy and...

Kahimise fails to prove urgency

17 hours ago | Justice

Suspended City of Windhoek CEO Robert Kahimise's bid to have his suspension overturned by the Windhoek High Court on an urgent basis has failed.Kahimise now...

Rainfall welcome, but devastating

17 hours ago | Weather

The north-western parts of Namibia, extending along the western escarpment into eastern areas of the Hardap Region, received welcome, but devastating and exceptionally high rainfall...

The Benefits of sustainable investments

17 hours ago | Banking

Claire HobbsIn many first world economies, the effects of global warming continue to manifest as a business reality. In response to this crisis, the Namibian...

Load More