Former U.S. President Bill Clinton said here on Saturday that social inequality is one of the biggest shortcomings of the contemporary world, with half of mankind having no access to the benefits of globalization, MTI News Agency reported.
Addressing a meeting of 250 businessmen and diplomats at the Central European Business Forum, Clinton said the nations of the world are connected by stronger links than ever before but have to face the great challenge of social inequality.
In the United States, for instance, productivity keeps increasing but wages remain unchanged, he said.
Among other global challenges, Clinton cited terrorism, global climate change and tensions generated by global migration.
Clinton arrived in Hungary on Saturday afternoon.
He then held talks with Hungarian Prime Minister Ferenc Gyurcsany on Hungary's role in the European Union and Central Europe as well as on the forthcoming U.S. presidential elections.
Gyurcsany confirmed Hungary's commitment to strengthening strategic partnership with the United States within the political framework of the European Union.
"There is not any old or new Europe. There is a single Europe which has shared values with the United States. Despite their occasional differences, the interdependence of the two economic giants is beyond doubt," the premier said.
Source: Xinhua
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