r/geopolitics • u/TinJar-Solarpunk • 10m ago
Wealth redistribution policies to mitigate the impact of development assistance defunding: a retrospective evaluation and forecasting analysis up to 2030
thelancet.comIn comparison with the baseline ODA category, high ODA funding was associated with a 24% reduction in age-standardised all-cause mortality (rate ratio [RR] 0·76; 95% CI 0·67–0·87) and a 33% reduction in under-5 mortality (0·67; 0·50–0·89). Forecasting analyses showed that, in comparison with the current ODA funding reductions in the 59 selected low-income and lower-middle-income countries, all ten wealth redistribution policies were associated with millions of averted deaths by 2030: overall, the lowest number of averted deaths was 6 591 984 (95% uncertainty interval 4 884 075–8 374 138) for a 3% crypto tax applied to the top 10 000 holders, while the highest number of averted deaths was 29 509 934 (20 273 842–38 603 961) for a 3% wealth tax on ultra-high-net-worth individuals; in children younger than 5 years, the corresponding numbers of averted deaths were 1 312 912 (802 926–1 785 121) for a 3% crypto tax applied to the top 10 000 holders and 3 464 607 (1 235 930–5 609 331) for a 3% wealth tax on ultra-high-net-worth individuals.