This ILO workshop brings together global experts to explore the drivers of inequality and identify crucial policy actions to create fairer societies for all. Economic inequality remains one of the most pressing challenges in modern societies, having far-reaching implications for social cohesion, access to opportunities, and overall well-being.&nbsp;It perpetuates a cycle of poverty and social exclusion, creating barriers to equal opportunities and upward mobility. Therefore, addressing economic inequalities is an essential aspect of pursuing social justice.In September 2023, the International Labour Organization (ILO) launched a global communication campaign called “This Way to Social Justice”, aiming at intensifying efforts to address inequalities in the world of work.This workshop aims to further understand the drivers of economic inequality, assess the depth and breadth of inequality across countries and finally identify crucial policy actions to pave the way towards fairer societies for all.&nbsp;

This session explores how meritocratic systems assign tasks based on predicted performance, considering how innate ability and acquired training impact outcomes. Key questions include how differential access to resources affects performance and whether optimal task assignments can be group-blind or strictly based on training. Additionally, the session examines the implications of potential score manipulation and established selection policies on performance disparities.

Geneva

Meritocracy in the Face of Group Inequality

Workshop on Reducing Inequality to Promote Social Justice

This session explores the key factors driving wealth inequality in the United States. It examines how disparities in educational attainment between skilled and unskilled workers, coupled with productivity differences across firms, contribute to growing wealth gaps. By focusing on structural changes such as the increasing share of skilled workers, skill-biased technological advancements, decreasing progressiveness of taxation, and productivity slowdown, the webinar highlights the decline in productivity growth as the primary driver of both within-group and between-group inequalities. This session provides a deeper understanding of these dynamics and their implications for economic equity.

What is Driving Wealth Inequality in the United States of America? The Role of Productivity, Taxation and Skills

This session examines the distributional effects of recent monetary policies on income and wealth. Using the Federal Reserve Board’s Survey of Consumer Finances, the research tracks key subpopulations as monetary policy shifted from conventional interest rates to Quantitative Easing. Employing advanced modeling techniques, the study analyzes volatility and bifurcation in capital gains and incomes among U.S. households during the Financial Crisis and the COVID-19 pandemic, offering insights into the impact of monetary policy on economic disparities.

Monetary Policy and the Evolution of Wealth Disparity - An Assessment Using US Survey of Consumer Finance Data

The Distributional Effects of Stabilization Policy

Davos

Switzerland

ILO Headquarters

Room IV

Palais des Nations

Room XX

Graduate Institute

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