Georgiev made a corresponding statement during her speech at the Peterson Institute for World Economy in Washington.
According to her, over the past 20 years, the income gap between countries has narrowed, but inequality between population groups continued to grow. As an example, she cited the economic situation in the UK.
“In a sense, this alarming trend is reminiscent of the situation at the beginning of the 20th century, when technology development and integration first led to the first“ gilded century, ““ the roaring twenties, ”and then to a“ financial catastrophe, ”her IMF website quotes.
Earlier, the Institute of International Finance published a study stating that global debt updated its all-time high and reached $ 253 trillion, or 322% of global GDP. The US debt burden was 327%, Japan - 540%, and eurozone countries - 388%.