US Economy

Battling Global Income Inequality

February 23, 2021  • Daniel R. Porterfield

COVID-19 has deepened the trenches between the world’s high- and low-income nations. Indeed, history indicates that less-developed economies are often left behind in the economic recoveries after global recessions. What can the United States do to reverse this trend in the post-pandemic recovery? For a disease that knows no borders, global economic recovery will depend on all nations having equal access to a vaccine. But answers also lie in areas like renewable energy and global monetary policy. Dr. Rajiv Shah, president of The Rockefeller Foundation, discusses this issue with Dan Porterfield, president of the Aspen Institute.