Switzerland - Richer than ever but wealth inequality persists - November 30, 2017

The Global Wealth Report 2017 and an accompanying data, published by Credit Suisse, reveal that the average household is 35% richer than it was at the turn of the century, but there has been no reduction in wealth inequality. The country has achieved no reduction in wealth inequality since the year 2000, the only country among those with developed economies not to do so. A combination of high average wealth and relatively high wealth inequality results in a large proportion of the Swiss population being in the upper echelons of the global distribution. Switzerland accounts for 1.7% of the top 1% of global wealth holders, which is remarkable for a country with just 0.1% of the world’s population.

Read on: in English …   The data, in English …

For more information, please contact the editor Jan Cremers or Nuria Ramos Martin, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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