South Africa Pushes for Global Body to Tackle Inequality Crisis and Protect Democracy Under Its G20 Presidency

Sahar Ragab

South Africa, in its current presidency of the G20, has put forward a major international initiative aimed at addressing the rapidly escalating global inequality crisis. The proposal calls for the establishment of a permanent international body dedicated to monitoring inequality worldwide and developing practical solutions to mitigate its economic and social consequences, including its growing impact on democracy and political stability.

The recommendation was featured in the first report of the G20 Extraordinary Committee on Inequality, appointed by South African President Cyril Ramaphosa and chaired by Joseph Stiglitz, the Nobel Prize–winning economist (Economics, 2001). The report represents the first comprehensive review submitted to G20 members detailing the increasingly intertwined relationship between economic disparities and political shifts across the globe.

According to the report, rising inequality is no longer merely an economic concern but a key driver of declining trust in democratic institutions, social polarization, and broader instability. It warns that failure to address these trends could lead to deeper economic and political disruptions worldwide.

South Africa hopes the proposal to create a permanent global inequality body will gain strong support within the G20, framing it as a crucial step toward building a more equitable global economic system and safeguarding democracy amid mounting global challenges.

 

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