Inequality. The Great COVID-19 Recession Revisited: Hysteresis, Bottlenecks and the Era of the Great Divergence (Kim Heungchong, Valdai Discussion Club)

August 31, 2021

The gap between different income groups, genders, and levels of human capital accumulation has grown further, while economic inequality and in terms of non-traditional security threats has dramatically worsened. This expansion of inequality will be the largest obstacle to sustainable development, writes Kim Heungchong, President of the Korea Institute for International Economic Policy (KIEP). The article is published as part of the Valdai Club’s Think Tank project, continuing the collaboration between Valdai and KIEP.

The Great COVID-19 Recession Revisited: Hysteresis, Bottlenecks and the Era of the Great Divergence — Valdai Club

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Inequality. The Great COVID-19 Recession Revisited: Hysteresis, Bottlenecks and the Era of the Great Divergence (Kim Heungchong, Valdai Discussion Club)

Il destino planetario, nell’oltre / Planetary destiny, in the beyond / Le destin planétaire, dans l’au-delà

Geostrategic magazine (13 December 2025)

Investing in Children for Climate Adaptation (Nilanjan Ghosh – Observer Research Foundation)

New Name, Same Brutality: Russian Mercenaries Committing Atrocities in Mali (The Stimson Center)

A New Deal for the Mekong (Anoulak Kittikhoun – FULCRUM)

ASEAN’S Evolving Climate Governance Framework (Sharon Seah, Melinda Martinus, Qiu Jiahui – FULCRUM)

Xiangshan Forum shows the muscle behind China’s diplomacy (Sophie Wushuang Yi – East Asia Forum)

UNSC Resolution on Peace in the Gaza Strip: Opportunities and Challenges Facing the Implementation of Trump’s Plan (Emirates Policy Center)

Australia all at sea on submarine cable risks (Jocelinn Kang – Lowy The Interpreter)