WEF: Income inequality, unemployment top concerns in 2015

Economic woes topped the list of concerns, according to the annual WEF report which surveyed more than 1,000 individuals. (WEF report)

Participants at the Global Agenda Council (GAC) summit in Dubai discussed on Sunday a list of the top 10 issues expected to preoccupy world leaders over the coming 12 to 18 members of the GAC.

Members of the GAC, which is the World Economic Forum (WEF) think-tank, spoke about the findings of a recent report that featured an analysis of the top trends and challenges facing the world.

Economic woes topped the list of concerns, according to the annual WEF report which surveyed more than 1,000 individuals.

It found that the rise of income inequality emerged as the number one trend after it was considered the most underestimated issue in the 2011 edition.

"Income inequality specifically is one of the most visible aspects of a broader and more complex issue, one that entails inequality of opportunity and extends to gender, ethnicity, disability, and age, among others."

"Ranking second in last year’s outlook, it was identified as the most significant trend of 2015 by our network’s experts," the report added.

Persistent jobless growth was the next concern. It moved from third place to second in the recent report.

"The transformations and job displacements associated with technological progress are happening faster, and may even be more dramatic in their impact than anything we’ve experienced before, and the task of providing a meaningful, substantial role for everyone is going to be hugely important," the report added.

The global leadership crisis also emerged as a key concern.

Participants said that technology and education can play a big role in tackling such challenges, particularly in the fields of science, technology, engineering and math.

It also requires a cooperative partnership between governments and citizens.


 

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