Elitist control of global economy

Experimental visualization of narrower problems
Other Names:
Unrepresentative control of international monetary system
Elitist control of economic development

In 1999, 447 billionaires had wealth greater than the income of one half of humanity. 100 multinational corporations control one-fifth of all foreign-owned assets in the world. Due to the trend in mergers and acquisitions, this concentration of wealth and power is increasing.


The major decisions about the global economy are made by a very small number of people of major industrialized countries. Other countries accept this control of their existence, and see as alternatives working within the system or giving up on having any impact on the economy.

Problem Type:
C: Cross-sectoral problems
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal
Date of last update
17.04.2019 – 11:23 CEST