Monday, December 05, 2011
[IWS] OECD: DIVIDED WE STAND: WHY INEQUALITY KEEPS RISING [5 December 2011]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Organisation for Economic Co-operation and Development (OECD)
DIVIDED WE STAND: WHY INEQUALITY KEEPS RISING [5 December 2011]
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Subscribers and readers at subscribing institutions can access the online edition via OECD-ilibrary, our online library.
Table of contents:
An Overview of Growing Income Inequalities in OECD Countries: Main Findings
Special Focus: Inequality in Emerging Economies (EEs)
Part I. How Globalisation, Technological Change and Policies Affect Wage and Earnings Inequalities
Chapter 1. Trends in Wage Inequality, Economic Globalisation and Labour Market Policies and Institutions
Chapter 2. The Impact of Economic Globalisation and Changes in Policies and Institutions on Rising Earnings Inequality
Chapter 3. Inequality Between the Employed and the Non-employed
Part II. How Inequalities in Labour Earnings Lead to Inequalities in Household Disposable Income
Chapter 4. Hours Worked, Self-Employment and Joblessness as Ingredients of Earnings Inequality
Chapter 5. Trends in Household Earnings Inequality: The Role of Changing Family Formation Practices
Chapter 6. From Household Earnings to Disposable Household Income Inequality
Part III. How the Roles of Tax and Transfer Systems Have Changed
Chapter 7. Changes in Redistribution in OECD Countries Over Two Decades
Chapter 8. The Distributive Impact of Publicly Provided Services
Chapter 9. Trends in Top Incomes and Their Tax Policy Implications
Press Release 5 December 2011
Society: Governments must tackle record gap between rich and poor, says OECD
05/11/2911 - The gap between rich and poor in OECD countries has reached its highest level for over over 30 years, and governments must act quickly to tackle inequality, according to a new OECD report.
“Divided We Stand: Why Inequality Keeps Rising” finds that the average income of the richest 10% is now about nine times that of the poorest 10 % across the OECD.
The income gap has risen even in traditionally egalitarian countries, such as Germany, Denmark and Sweden, from 5 to 1 in the 1980s to 6 to 1 today. The gap is 10 to 1 in Italy, Japan, Korea and the United Kingdom, and higher still, at 14 to 1 in Israel, Turkey and the United States.
In Chile and Mexico, the incomes of the richest are still more than 25 times those of the poorest, the highest in the OECD, but have finally started dropping.
Income inequality is much higher in some major emerging economies outside the OECD area. At 50 to 1, Brazil's income gap remains much higher than in many other countries, although it has been falling significantly over the past decade.
AND MUCH MORE....
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