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Wednesday, January 11, 2012
Growing wealth divide puts globalization at risk
http://www.reuters.com/article/2012/01/11/us-davos-risks-idUSTRE80A0KK20120111
A backlash against rising inequality - evident from the Occupy movement to the Arab Spring - risks derailing the advance of globalization and represents a threat to economies worldwide, according to the World Economic Forum.
Severe income disparity and precarious government finances rank as the biggest economic threats facing the world, according to the group's 2012 Global Risks report released on Wednesday.
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