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Oxfam Urges Radical Economic Rejig For Post-COVID World

Oxfam urges radical economic rejig for post-COVID world

Oxfam International recently warned that the fallout of the coronavirus pandemic will lead to the biggest increase in global inequality on record unless governments radically rejig their economies.

What is Oxfam International?

Oxfam is a global movement of people, working together to end the injustice of poverty. Oxfam International was formed in 1995 by a group of independent non-governmental organizations. The Oxfam International Secretariat is based in Nairobi, Kenya. Apart from that, they are also having offices in 7 other locations.

What is the Aim of Oxfam International?

The Oxfam International aims to maximize efficiency and achieve greater impact to reduce global poverty and injustice.

Key-Points on Oxfam International

  • The name “Oxfam” comes from the Oxford Committee for Famine Relief. It was founded in Britain in 1942 during the Second World War. During the world war, the group campaigned for food supplies to starving women and children in Greece.
  • After the war, they served Europe and later shifted their focus to the people in developing countries.
  • At present, Oxfam is working in more than 90 countries. Oxfam International confederation has 19 member organizations in total and India is one of them.
  • Oxfam International has released major reports such as The Inequality virus, Reaching People: Empowering Lives, etc.

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