ABSTRACT

Wealth distribution can be understood in many different ways; none of them, however, can be taken as a safe port of entry for a discussion around Global Economic Governance (GEG). A key Human Development issue relates to how wealth distribution can optimize results in terms of maximization of advantages for the largest possible number of people. The wealth of national communities is standardly measured as Gross Domestic Product or Gross National Income. Both are rather weak indexes of the capacity of a given community to create wealth. It is important noting that dynamics of creation, distribution and use of wealth in Organization for Economic Cooperation and Development (OECD) and Brazil, Russia, India, China and South Africa (BRICS) countries shape, at their own turn, the GEG system. The shapers' policies at the sub-national, national and supranational level affect the creation of a GEG system which, at its own turn, affects these variables.