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Despite all the apparent progress made over the years, the current level of inequality across the world – the gap between the richest and the poorest – may be one of the highest in history.One of the developments in the inequality discourse is the convergence between classical, conservative financial institutions and the academic world in recognizing the importance of inclusive growth – meaning economic growth that creates opportunities for all, and is evenly distributed.On the other hand, the International Monetary Fund stated in its Fiscal Monitor for 2017 that "rising inequality and slow economic growth in many countries have focused attention on policies to support inclusive growth.Inequality in the region appears becomes starkly clear when considering the high youth unemployment rates.Youth – 55 percent of Lebanese population – are severely affected by inequality.Women are in no better position when it comes to economic activity and inequality – the female to male labor force participation rate is 32.6 percent.
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