Evidence of Decline in Social Mobility Is Clear: Shafik

The transcript discusses the consequences of economic exclusion, where people may vote for protectionist policies if they feel left out of future economic benefits. It highlights the role of media in clarifying debates and the evidence of declining social mobility in various countries. The discussion includes comparisons of how long it takes to move from lower income to middle class in different regions, emphasizing the challenges in unequal societies like South Africa and Brazil. The need to provide people with a sense of opportunity is seen as transformative for both economies and politics.

How does the time it takes to move from lower income to middle class vary across different countries?

What impact does giving people a sense of opportunity have on economies and politics?