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

 

State House won't stop us

1 day - 19 March 2019 | Local News

The City of Windhoek has six months to comply with a list of housing and land demands by the Affirmative Repositioning (AR) movement or else...

Chieftaincy battle heads to Supreme Court

1 day - 19 March 2019 | Local News

The Uukwangali Traditional Authority will turn to the Supreme Court this week in the hope of overturning a Windhoek High Court ruling that relieved Eugene...

'Bomb' hits dagga addicts

1 day - 19 March 2019 | Local News

Dagga addicts in Rundu are soaking marijuana in alcohol, before drying out the concoction, known as a 'bomb', and smoking it.A Namibian Sun investigation has...

'There's no timber harvesting'

2 days ago - 18 March 2019 | Local News

Despite reports to the contrary, environment minister Pohamba Shifeta said there has been no commercial harvesting of timber since the introduction of the moratorium on...

A cleaner town, a cleaner Namibia

2 days ago - 18 March 2019 | Local News

Ondangwa, Oranjemund, Swakopmund and Walvis Bay are the four finalists out of 21 towns in the competition to become 'Cleaner Towns of the Year', launched...

Better dads, better Namibia

2 days ago - 18 March 2019 | Local News

A photographic exhibition in Okuryangava aims to kick-start conversations about the often harmful stereotypes that shape fatherhood roles in Namibia and to shine a spotlight...

Water, sanitation in spotlight

5 days ago - 15 March 2019 | Local News

More needs to be done to ensure that water and sanitation services are delivered in Namibia, especially to informal settlements and rural areas, says agriculture...

Kameeta delivers

5 days ago - 15 March 2019 | Local News

While the poverty ministry has apologised for the delay in food parcel deliveries to recipients across the country this month, it is gearing up to...

Ombaanga yiikulya otayi andjakanekwa noshilongo ashihe muJuni

5 days ago - 15 March 2019 | Local News

Omanga Uuministeli wOkukondjtha Oluhepo wa gandja ombili omolwa ekateko megandjo lyoondya okupitila mopoloyeka yOmbaanga yiikulya moshilongo ashihe momwedhi nguka, owa koleke kutya okuya moomwedhi twa...

Schlettwein dismisses resignation talks

5 days ago - 14 March 2019 | Local News

Finance minister Calle Schlettwein has dismissed rumours that he intends to resign. This follows the abrupt resignation of former presidential economic advisor John Steytler. Reports...

Latest News

Nust announces acting VC

11 hours ago | Education

The council of the Namibia University of Science and Technology (Nust) has announced the appointment of Morné du Toit as its new vice-chancellor, effective 1...

'Give back the land if...

1 day - 19 March 2019 | Agriculture

Northwest division chief veterinarian Dr Kennedy Shoombe says Mangetti agriculturists must stop calling themselves farmers, and instead call themselves livestock keepers for weddings and funerals.“If...

Audit to determine local stake...

1 day - 19 March 2019 | Business

ONHUNO – The ministry of works and transport is currently undertaking an audit process to identify Namibian-owned companies which was awarded tenders in the last...

Authorities still can’t do own...

1 day - 19 March 2019 | Economics

Despite being exempted from paying audit fees and to use this money to develop skills, the majority of local authorities still fail to draw up...

Shattering stigmas

1 day - 19 March 2019 | People

Mariselle StofbergEighteen-year-old Anri Botha is one of only two female rugby referees in Namibia. She completed a level 1 referee course, which allows her to...

The stink of elitism

1 day - 19 March 2019 | Columns

This Thursday we will be reminded once more of the important task of nation-building, with Namibians likely being implored to guard against tribalism, racism, nepotism,...

The rantings of a teenager

1 day - 19 March 2019 | Columns

Evany van WykDo you sometimes just feel sick to your stomach? That’s how I feel right now. And I’m wondering why this is happening to...

Ghana bets on rejuvenated railways...

1 day - 19 March 2019 | Economics

Stacey Knott - As Ghana's urban landscape gently slides by the train window, Shaibu Amoah swells with pride.The 37-year-old has been helping to renovate railway...

'Rule of law flouted'

1 day - 19 March 2019 | Government

Government's decision to implement provisions of a draft bill, so it can accommodate former Vice-President Nickey Iyambo, flies in the face of the rule of...

Load More