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Global Social Mobility Index

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and technological advancement. The results and findings of the index are summarized in the Global Social Mobility Report 2020. The index differs from previous measures of social mobility because it uses a more holistic methodology, ultimately measuring the causes of social mobility. Previous measures
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holistically through 5 determinants. The findings from the index were then used in the World Economic Forum's Global Social Mobility Report 2020, which provided recommendations for governments and businesses. Researchers have used the index to analyze income inequality and have determined reasons for
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In light of the World Economic Report’s findings, McKinsey and Company conducted research on the UK to find that the Global Social Mobility Index has implications for the UK’s national economy as well as corporations. They conclude that low social mobility leads to inefficient talent allocation, and
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highlights, the Global Social Mobility Report 2020 also warns countries of the potential risks associated with low social mobility: unstable work and living environments, distrust in institutions, distrust in politics, and societal unraveling. Jones argues that the economic cost is high as well. She
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Knowing that social mobility is a measure of income inequality, Suriyanrattakorn and Chang, researchers at Udon Thani Rajabjat University and National Chung Hsing University respectively, have found a relationship between the Global Social Mobility Index and life satisfaction measured by subjective
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Mwamba, an economics professor at the University of Johannesburg, et al. have found that the income level of a country was not necessarily correlated with its social mobility level. In agreement with the World Economic Forum, Mwamba et al. argue that it is difficult to ascend the social ladder
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Fifekova, a researcher of economic policy at the University of Economics in Bratislava, et al. have found the Global Social Mobility Index to be a key determinant of income inequality. The relationship between social mobility and income inequality can be explained by cause-effect cycles. Less
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well-being. Thus, countries with high inequality tend to have lower average national life satisfaction. The researchers conclude that countries with low social mobility focus on policies that promote income equality in order to increase the well-being of their citizens.
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The World Economic Forum measured social mobility through five determinants: health, education, technology, work, and institutions. These five determinants are measured by the following ten pillars, each with its own set of parameters.
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In a review of the report, Dr. Helal Uddin Ahmed writing for The Financial Express highlights that a social mobility agenda is needed to reduce inequality, and thus the organization created a set of goals that governments should
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To increase social mobility in the labor force, the World Economic Forum urges governments to find ways to support the expansion of education and lifelong learning which includes developing human capital along with workers’
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In light of these findings, Bhowmick, a researcher for the Observer Research Foundation, argues that policies that address social mobility are essential for countries with high income inequality to reduce poverty
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In a review of the report, Hanna Ziady, a CNN Business contributor, states that in order for an American household with low income to reach the American median household income, it would require five generations.
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Dr. Helal Uddin Ahmed, in agreement with the World Economic Forum, states that improving education effectively involves spending on programs that target disadvantaged youth, placing quality of education as a
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The report states that businesses benefit from socioeconomic equality because their consumer bases increase, consumer-business relations strengthen, and the economic environment stabilizes.
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The World Economic Forum compiled its findings from the Global Social Mobility Index in its Global Social Mobility Report 2020 which includes information about the current state of
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focused on comparing intergenerational incomes. These comparisons drew data from different time periods, and thus it was more difficult to draw clear conclusions about the present.
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Below is the list of 82 countries ranked by their score in the inaugural Global Social Mobility Index 2020. The value 100 was the highest possible score a country could receive.
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For example, the World Economic Forum notes that the top percent of US earners made 158% more in 2018 than in 1979, whereas the bottom 90 percent of earners made only 24% more.
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The World Economic Forum finds that the Fourth Industrial Revolution, which has involved rapid globalization and technological advancements, has led to increased inequality.
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points out a statistic from the report claiming that if every country were to raise its score on the index by ten, global GDP could grow an additional 4.41% by 2030.
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The Global Social Mobility Report lists a set of goals for businesses: providing fair wages, educating their workers, and having a more merit-based hiring process.
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Dr. Helal Uddin Ahmed finds that these benefits incentivize businesses to contribute to equality for economic reasons, not just ethical ones.
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regardless of a country’s income level. Thus, the research suggests that all countries can benefit from improvements in social mobility.
2205: 2282: 2373:"Does Economic Inequality Account for Cross-Country Discrepancies in Relative Social Mobility: An Empirical Investigation" 2300: 40:
The Global Social Mobility Index was established by the World Economic Forum in 2020 in light of the changes caused by
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equality of opportunity yields lower social mobility which leads to inherited inequalities, and the cycle continues.
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Harmonized learning outcomes (a metric created by the World Bank that compares learning progress between countries)
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Suriyanrattakorn and Chia-Lin Chang. "Does life satisfaction vary with income inequality and social mobility?"
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Fifeková, Elena, Eduard Nežinský, and Andrea Valachová. "Social Mobility as an Income Inequality Determinant."
2254: 2445: 27:. The inaugural index from 2020 ranked 82 countries and has not been updated since. The Index measures 2371:
Muteba Mwamba, John Weirstrass; Shiwamya, Paul Mumba; Mudiangombe, Benjamin Mudiangombe (2022-11-08).
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when paired with inequalities in gender or race, decreases the potential of the national labor force.
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The World Economic Forum advises that governments use taxation for equality-focused public spending.
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https://www.orfonline.org/expert-speak/importance-of-social-mobility-for-sustainable-development/
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Unemployment among labor force with basic/intermediate/advanced education (as a percentage)
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Percentage of disadvantaged students in schools which report a lack of education material
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NEET ratio (the percentage of 15-24 year olds not in employment, education, or training)
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and provides recommendations for governments and businesses to alleviate inequalities.
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Impact of ICTs (information and communications technology) on access to basic services
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Guaranteed minimum income benefits (as a percentage of median income)
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Mean income of bottom 40% (as a percentage of national mean income)
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Percentage of population covered by at least a 3G mobile network
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Prevalence of malnourishment (as a percentage of 5-19 year olds)
2416:"How UK businesses can benefit from social mobility | McKinsey" 1632: 1611: 1548: 1506: 1296: 1149: 1107: 981: 939: 918: 897: 582: 540: 372: 330: 91:
Percentage of school-age children that lack access to education
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Pupils per teacher in pre-primary/primary/secondary education
2230:"Harmonized Learning Outcomes (HLO) Database | Data Catalog" 1800: 1674: 239:
Social protection coverage (as a percentage of population)
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Importance of Social Mobility for Sustainable Development
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This section provides a summary of the report’s findings.
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Internet users (as a percentage of the adult population)
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Collective bargaining coverage ratio (as a percentage)
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Ratio of female to male labor force participation rate
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Percentage of rural population with electricity access
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World map of the Global Social Mobility Index (2020).
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Fixed-broadband internet subscriptions (per 100 pop.)
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Index of social mobility of the World Economic Forum
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Social protection spending (as a percentage of GDP)
182:Workers in vulnerable employment (as a percentage) 198:Ratio of bottom 50% to top 50% labor income share 195:Ratio of bottom 40% to top 10% labor income share 72:Inequality-adjusted healthy life expectancy index 2437: 2088:Global Social Mobility Index (2020) application 192:Low pay incidence (as a percentage of workers) 2206:"Ranked: The Social Mobility of 82 Countries" 204:Adjusted labor income share (as a percentage) 176:Unemployment in rural areas (as a percentage) 154:Mobile-broadband subscriptions (per 100 pop.) 135:Percentage of firms offering formal training 2355:https://doi.org/10.1016/j.ssaho.2022.100326 269:Global Social Mobility Index (2020) results 223:Employees working more than 48 hours a week 138:Digital skills amongst the adult population 2022:Global Social Mobility Report 2020 summary 2388: 258:Government and public services efficiency 272: 82:Pre-primary enrollment (as a percentage) 217:Cooperation in labor-employer relations 2438: 2334:https://doi.org/10.2478/danb-2022-0014 2168: 2166: 2164: 2162: 2160: 2158: 2156: 2154: 2152: 2150: 2148: 2146: 2144: 2142: 2140: 2138: 99:Pillar 3: Education Quality and Equity 48: 32:countries to improve social mobility. 2410: 2408: 2351:Social Sciences & Humanities Open 2332:, vol. 13, no. 3, 2022, pp. 226-239, 2252: 2136: 2134: 2132: 2130: 2128: 2126: 2124: 2122: 2120: 2118: 2366: 2364: 2362: 2345: 2343: 2341: 2324: 2322: 2320: 2295: 2293: 2291: 2199: 2197: 2195: 2193: 63:Adolescent birth rate per 1000 women 2174:"Global Social Mobility Index 2020" 94:Inequality-adjusted education index 13: 2405: 2115: 2079:As Jones, managing editor for the 104:Children below minimum proficiency 14: 2457: 2359: 2338: 2317: 2288: 2203: 2190: 250:Pillar 10: Inclusive Institutions 2003: 1982: 1961: 1940: 1919: 1898: 1877: 1856: 1835: 1814: 1793: 1772: 1751: 1730: 1709: 1688: 1667: 1646: 1625: 1604: 1583: 1562: 1541: 1520: 1499: 1478: 1457: 1436: 1415: 1394: 1373: 1352: 1331: 1310: 1289: 1268: 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Retrieved 2177: 2103: 2099: 2095: 2091: 2080: 2078: 2074: 2071: 2069: 2066: 2062: 2058: 2055: 2052: 2049: 2045: 2042: 2039: 2037: 2034: 2031: 2025: 1906:South Africa 1381:Saudi Arabia 293:Index Score 280: 249: 248: 230: 229: 208: 207: 186: 185: 167: 166: 142: 141: 120: 119: 98: 97: 76: 75: 57: 56: 52: 39: 20: 18: 2383:(11): 279. 2054:prioritize. 2011:Ivory Coast 1717:El Salvador 1570:Philippines 814:South Korea 751:New Zealand 436:Switzerland 415:Netherlands 2425:2023-04-03 2310:2023-04-03 2264:2023-04-24 2239:2023-04-24 2215:2023-04-03 2183:2023-04-03 2109:References 1927:Bangladesh 1213:Costa Rica 1087:Kazakhstan 499:Luxembourg 2399:2227-7099 2377:Economies 2065:priority. 1864:Guatemala 1696:Indonesia 1528:Sri Lanka 1360:Argentina 835:Lithuania 709:Singapore 625:Australia 2440:Category 2281:, 2022, 2061:careers. 1969:Cameroon 1948:Pakistan 1843:Honduras 1738:Paraguay 1654:Colombia 1444:Thailand 1192:Malaysia 1129:Bulgaria 961:Slovakia 793:Portugal 562:Slovenia 290:Country 2048:levels. 1990:Senegal 1822:Morocco 1591:Tunisia 1486:Ecuador 1465:Armenia 1423:Albania 1402:Georgia 1339:Vietnam 1318:Moldova 1255:Ukraine 1171:Romania 1066:Hungary 1045:Croatia 1024:Uruguay 772:Estonia 667:Ireland 520:Germany 478:Austria 457:Belgium 394:Iceland 352:Finland 310:Denmark 36:Context 2397:  2330:DANUBE 2008:  1987:  1966:  1945:  1924:  1903:  1882:  1861:  1840:  1819:  1798:  1777:  1756:  1735:  1714:  1693:  1672:  1651:  1633:Turkey 1630:  1612:Panama 1609:  1588:  1567:  1549:Brazil 1546:  1525:  1507:Mexico 1504:  1483:  1462:  1441:  1420:  1399:  1378:  1357:  1336:  1315:  1297:Greece 1294:  1273:  1252:  1231:  1210:  1189:  1168:  1150:Serbia 1147:  1126:  1108:Russia 1105:  1084:  1063:  1042:  1021:  1000:  982:Israel 979:  958:  940:Latvia 937:  919:Poland 916:  898:Cyprus 895:  874:  853:  832:  811:  790:  769:  748:  727:  706:  685:  664:  643:  622:  601:  583:Canada 580:  559:  541:France 538:  517:  496:  475:  454:  433:  412:  391:  373:Sweden 370:  349:  331:Norway 328:  307:  2015:34.5 1994:36.0 1973:36.0 1952:36.7 1931:40.2 1910:41.4 1889:42.7 1885:India 1868:43.5 1847:43.5 1826:43.7 1805:43.8 1784:44.8 1780:Egypt 1763:45.5 1759:Ghana 1742:46.8 1721:47.4 1700:49.3 1679:49.9 1658:50.3 1637:51.3 1616:51.4 1595:51.7 1574:51.7 1553:52.1 1532:52.3 1511:52.6 1490:53.9 1469:53.9 1448:55.4 1427:55.6 1406:55.6 1385:57.1 1364:57.3 1343:57.8 1322:59.6 1301:59.8 1280:60.3 1276:Chile 1259:61.2 1238:61.5 1234:China 1217:61.6 1196:62.0 1175:63.1 1154:63.8 1133:63.8 1112:64.7 1091:64.8 1070:65.8 1049:66.7 1028:67.1 1007:67.4 1003:Italy 986:68.1 965:68.5 944:69.0 923:69.1 902:69.4 881:70.0 877:Spain 860:70.4 839:70.5 818:71.4 797:72.0 776:73.5 755:74.3 734:74.4 713:74.6 692:74.7 671:75.0 650:75.0 646:Malta 629:75.1 608:76.1 604:Japan 587:76.1 566:76.4 545:76.7 524:78.8 503:79.8 482:80.1 461:80.1 440:82.1 419:82.4 398:82.7 377:83.5 356:83.6 335:83.6 314:85.2 287:Rank 2395:ISSN 1801:Laos 1675:Peru 19:The 2385:doi 2259:CNN 1999:82 1978:81 1957:80 1936:79 1915:78 1894:77 1873:76 1852:75 1831:74 1810:73 1789:72 1768:71 1747:70 1726:69 1705:68 1684:67 1663:66 1642:65 1621:64 1600:63 1579:62 1558:61 1537:60 1516:59 1495:58 1474:57 1453:56 1432:55 1411:54 1390:53 1369:52 1348:51 1327:50 1306:49 1285:48 1264:47 1243:46 1222:45 1201:44 1180:43 1159:42 1138:41 1117:40 1096:39 1075:38 1054:37 1033:36 1012:35 991:34 970:33 949:32 928:31 907:30 886:29 865:28 844:27 823:26 802:25 781:24 760:23 739:22 718:21 697:20 676:19 655:18 634:17 613:16 592:15 571:14 550:13 529:12 508:11 487:10 2442:: 2418:. 2407:^ 2393:. 2381:10 2379:. 2375:. 2361:^ 2340:^ 2319:^ 2303:. 2290:^ 2257:. 2232:. 2208:. 2192:^ 2176:. 2117:^ 466:9 445:8 424:7 403:6 382:5 361:4 340:3 319:2 298:1 2428:. 2401:. 2387:: 2313:. 2285:. 2267:. 2242:. 2218:. 2186:.

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