← return to In the Media

Growing old in such an unequal country is bad for everyone

Published by Folha de S.Paulo in 30/01/2021

Who will provide support in a country that will soon have more grandparents than grandchildren? How will today's young people grow up who neither study nor work? Will they be able to take care of their parents?

In terms of inequality, we have always been among the ten worst in ranking. At the end of 2019, income inequality had grown for the 19th consecutive quarter. The pandemic has only increased the rift that separates those at the top of the pyramid from those that are part of the swollen base, even taking into account the, by definition, emergency aid given by the government.

Our industrial production in 2020 did not reach 10% of GDP (Gross Domestic Product), the smallest slice since 1947. The digital divide has grown during the pandemic. Data from the Institute for Mobility and Social Development (IMDS) show that 55% of the children of unschooled parents have no access to the Internet, compared to no access for 4.9% of children whose parents have higher education.

Click to access