Rising inequality is making the world more vulnerable to pandemics and trapping countries in a cycle that endangers both public health and economic stability, leading economists, health experts and the United Nations warned on Monday.
The findings come from a two-year study by the UNAIDS-convened Global Council on Inequality, AIDS and Pandemics, released ahead of this month’s G20 leaders’ meeting in South Africa.
“High levels of inequality — within and between countries — make pandemics more deadly, longer-lasting and economically devastating,” the report said. In turn, pandemics “fuel inequality,” creating a self-reinforcing loop.
The council is chaired by Nobel Prize-winning economist Joseph Stiglitz, former Namibian First Lady Monica Geingos and epidemiologist Sir Michael Marmot. They noted that the same pattern was visible in crises from COVID-19 and AIDS to Ebola, influenza and mpox.
“Failure to address deep social and economic divides since COVID-19 has left the world dangerously unprepared for the next pandemic,” the report warned.
During COVID-19 alone, 165 million people were pushed into poverty while the wealth of the richest individuals grew by more than 25 percent. Inequality, said Geingos, “is a political choice — and a dangerous one.”
The report urges world leaders to:
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Invest in social protection systems and pandemic preparedness
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Restructure debt so developing countries can fund health and welfare services
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Ensure equal access to medical tools and technology, including IP waivers during pandemics
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Support local and regional production of vaccines and treatments
“Pandemics are not just health shocks — they are economic shocks,” Stiglitz said, warning that austerity and high-interest debt “starve health, education and social protection systems,” leaving societies weaker and more exposed to future outbreaks.
Stiglitz will also deliver a separate report on global inequality and poverty to G20 leaders, who meet on November 22–23. The G20 includes 19 major economies, the European Union and the African Union.
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