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About Household Wealth And Inequalities In The Context Of Covid 19 Crisis At Global Level

Author

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  • MIHAILA, Nicoleta

    (Centre for Financial and Monetary Research "Victor Slavescu", N.I.E.R., Romanian Academy, Bucharest, Romania)

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.

Suggested Citation

  • MIHAILA, Nicoleta, 2021. "About Household Wealth And Inequalities In The Context Of Covid 19 Crisis At Global Level," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 9(1), pages 68-75, October.
    • Handle: RePEc:vls:rojfme:v:9:y:2021:i:1:p:68-75
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    More about this item

    Keywords

    wealth; financial wealth/ adult; debt/ adult; inequalities; tax policy;
    All these keywords.

    JEL classification:

    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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