Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

The head of the International Monetary Fund has warned that the only way to boost global economic growth over the next century is by tackling soaring inequality to achieve a ninefold increase in living standards.

Kristalina Georgieva said world leaders had a responsibility to future generations to build an economy that dealt with global heating, deployed AI technology responsibly and slashed elevated levels of inequality.