SEOUL -- Today, China has not only committed to capping emissions by 2030 and has invested more than $80 billion in renewable energy initiatives; it is expected after Paris to roll out its most far-reaching national plan for mitigating climate change, including a potential carbon tax as well as national emissions-trading schemes.
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.
I am closely following the UN Conference on Financing for Development happening now in Addis Ababa, Ethiopia, and I am thinking of the potentialities and the (hopeful) opportunities that a conference of this caliber can have on a global scale, making a meaningful impact on the lives of millions of people in developing countries.
The study of inequality has been going on forever. To give you an idea, the index used to measure how unequal the distribution of income is -- the "Gini Coefficient" -- was invented a century ago. So, why the sudden interest? Why worry now about something that has been the fodder of academics, politicians, and the media for so long?