Dec.06 -- Minouche Shafik, head of the London School of Economics and a former Bank of England policy maker, discusses how social mobility differs from some countries to others. In the U.K., it takes five generations for the descendants of a low-income family to reach the average income compared with two or three in Scandinavia, according to the OECD. Shafik speaks with Bloomberg's Francine Lacqua on "Leaders With Lacqua." The interview was recorded Sept. 2 in London.
Evidence of Decline in Social Mobility Is Clear: Shafik
Dec.06 -- Minouche Shafik, head of the London School of Economics and a former Bank of England policy maker, discusses how social mobility differs from some countries to others. In the U.K., it takes five generations for the descendants of a low-income family to reach the average income compared with two or three in Scandinavia, according to the OECD. Shafik speaks with Bloomberg's Francine Lacqua on "Leaders With Lacqua." The interview was recorded Sept. 2 in London.
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