The international community has made significant strides towards lifting people out of poverty. The most vulnerable nations – the least developed countries, the landlocked developing countries and the small island developing states – continue to make inroads into poverty reduction. However, inequality persists and large disparities remain regarding access to health and education services and other assets.

There is growing consensus that economic growth is not sufficient to reduce poverty if it is not inclusive and if it does not involve the three dimensions of sustainable development – economic, social and environmental. Fortunately, income inequality has been reduced both between and within countries. At the current time, the per capita income of 60 out of 94 countries with data has risen more rapidly than the national average. There has been some progress regarding creating favorable access conditions for exports from least developing countries as well.

To reduce inequality, policies should be universal in principle, paying attention to the needs of disadvantaged and marginalized populations. There needs to be an increase in duty-free treatment and continuation of favoring exports from developing countries, in addition to increasing the share of developing countries’ vote within the IMF. Finally, innovations in technology can help reduce the cost of transferring money for migrant workers.
UN Sustainable Development Goals

Schedule

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2020
Wednesday, April 29th
10:15 AM

Education Inequality in the State of Illinois

Seo Yeon (Vivian) Cho '22, Illinois Mathematics and Science Academy
Christin Ann Sanchez '22, Illinois Mathematics and Science Academy

10:15 AM - 10:30 AM

10:45 AM

Equal Housing for All: The Housing Act

Dev Singh '22, Illinois Mathematics and Science Academy
Katelyn Ingles '22, Illinois Mathematics and Science Academy
Lucienne Petit '22, Illinois Mathematics and Science Academy

10:45 AM - 11:00 AM

School Lunch Inequality

Tanav Karnik '22, Illinois Mathematics and Science Academy
Emily Nakiganda '22, Illinois Mathematics and Science Academy
Logan Schultz '22, Illinois Mathematics and Science Academy
Akhil Vytla '22, Illinois Mathematics and Science Academy

10:45 AM - 11:00 AM