Oxfam blamed rising inequality on aggressive wage restraint, tax dodging and the squeezing of producers by companies, adding that businesses were too focused on delivering ever-higher returns to wealthy owners and top executives. The World Economic Forum WEF said last week that rising inequality and social polarisation posed two of the biggest risks to the global economy in and could result in the rolling back of globalisation. With members of the forum due to arrive on Monday in Switzerland, where guests will range from the Chinese president Xi Jinping , to pop star Shakira, the WEF released its own inclusive growth and development report in which it said median income had fallen by an average of 2. Basing its research on the Forbes rich list and data provided by investment bank Credit Suisse, Oxfam said. It was four years since the WEF had first identified inequality as a threat to social stability, but that the gap between rich and poor has continued to widen, Oxfam added.
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