Bulgaria Ranks 46th of 157 in the Reducing Inequality Ranking

"Many countries across the world have experienced rapid growth in the gap between the richest people in society and everyone else over the past 30 years. Failure to tackle this growing crisis is undermining social and economic progress and the fight against poverty." This is how the Oxfam’s research on reducing inequality begins. It has shown that, since the turn of the century, the poorest half of the world’s population have received just 1% of the total increase in global wealth, while the top 1% have received 50% of the increase. This is the second edition of the Commitment to Reducing Inequality Index, which ranks 157 governments across the world. The CRI Index measures government efforts in three policy areas or "pillars": social spending, taxation, and labor.

The ranking is headed by Denmark. Among the top ten countries are also Germany, Finland, Austria, Norway, Belgium, Sweden, France, Iceland, and Luxembourg. By analyzing the top ten positions in the ranking, it can be concluded that the countries of Europe, and in particular Central and Northern Europe, have taken the most serious action to combat inequality. Slovenia is 12th, followed by Croatia - 15.

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The index places the US out of the top 20 - on the 23rd place. No country from Africa is among the top 30. The last positions belong to Singapore, the most expensive city in the world, Madagascar, Bhutan, Sierra Leone, Chad, Haiti, Uzbekistan, and Nigeria.

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Where is Bulgaria? 

Bulgari is in 46th place, just after Bulgaria, neighboring Romania is placed, followed by Latvia, Georgia, and Russia. Greece is ranked 37th, while Switzerland is ranked 33rd.

Petya Petrova

Petya Petrova is a journalist, believer, and traveler.

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