Directorate for Employment, Labour and Social Affairs

In It Together: Why Less Inequality Benefits All

Published on May 21, 2015

Also available in: French

book

The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from realising their human capital potential, which is bad for the economy as a whole. This book highlights the key areas where inequalities are created and where new policies are required, including: the consequences of current consolidation policies; structural labour market changes with rising non-standard work and job polarization; persisting gender gaps; the challenge of high wealth concentration, and the role for redistribution policies.

SUMMARIESavailable in 24 languages

English In It Together: Why Less Inequality Benefits All (Summary in English)
French In It Together: Why Less Inequality Benefits All (Summary in French) Tous concernés : Pourquoi moins d'inégalité profite à tous
Spanish In It Together: Why Less Inequality Benefits All (Summary in Spanish) Todos juntos ¿Por qué reducir la desigualdad nos beneficia?
German In It Together: Why Less Inequality Benefits All (Summary in German) Gemeinsam in einem Boot: Warum alle von weniger Ungleichheit profitieren
Japanese In It Together: Why Less Inequality Benefits All (Summary in Japanese) 格差縮小に向けて:格差縮小が全体の利益になるのはなぜか
Italian In It Together: Why Less Inequality Benefits All (Summary in Italian) Tutti coinvolti: perché meno diseguaglianza è meglio per tutti
Chinese In It Together: Why Less Inequality Benefits All (Summary in Chinese) 共同探讨:为什么缩小不平等差距对大家都有益处
Czech In It Together: Why Less Inequality Benefits All (Summary in Czech) Jsme v tom společně: Proč méně nerovnosti prospívá všem
Danish In It Together: Why Less Inequality Benefits All (Summary in Danish) Sammen om det: Hvorfor mindre ulighed kommer alle til gode
Dutch In It Together: Why Less Inequality Benefits All (Summary in Dutch) Samen staan we sterker: Waarom minder ongelijkheid goed is voor iedereen
Estonian In It Together: Why Less Inequality Benefits All (Summary in Estonian) See puudutab meid kõiki: miks vähem ebavõrdsust tuleb kasuks kõigile
Greek In It Together: Why Less Inequality Benefits All (Summary in Greek) Όλοι μαζί: Γιατί η μείωση της ανισότητας ωφελεί όλους μας
Hebrew In It Together: Why Less Inequality Benefits All (Summary in Hebrew) ביחד: מדוע פחות אי-שוויון מועיל לכולם
Hungarian In It Together: Why Less Inequality Benefits All (Summary in Hungarian) Egy csónakban evezünk: avagy miért előnyös a kisebb egyenlőtlenség mindenki számára
Icelandic In It Together: Why Less Inequality Benefits All (Summary in Icelandic) Allra hagur: Hvers vegna minni ójöfnuður er öllum til hagsbóta
Korean In It Together: Why Less Inequality Benefits All (Summary in Korean) 모두가 함께 하기: 불평등성이 낮을 수록 모두가 혜택을 받는 이유
Norwegian In It Together: Why Less Inequality Benefits All (Summary in Norwegian) I samme båt: Hvorfor mindre ulikhet er en fordel for alle
Polish In It Together: Why Less Inequality Benefits All (Summary in Polish) Jedziemy na tym samym wózku: czemu mniejsza nierówność przynosi korzyść nam wszystkim
Portuguese In It Together: Why Less Inequality Benefits All (Summary in Portuguese) Juntos no mesmo objetivo: Menos desigualdade para benefício de todos
Russian In It Together: Why Less Inequality Benefits All (Summary in Russian) Все заодно: почему меньше неравенства идет на пользу всем
Slovak In It Together: Why Less Inequality Benefits All (Summary in Slovak) Sme v tom spoločne: Prečo nižšia nerovnosť prináša výhody pre všetkých
Slovene In It Together: Why Less Inequality Benefits All (Summary in Slovenian) Skupaj v istem čolnu: Zakaj manj neenakosti koristi vsem
Swedish In It Together: Why Less Inequality Benefits All (Summary in Swedish) Vi sitter i samma båt: Varför minskade klyftor är positivt för alla
Turkish In It Together: Why Less Inequality Benefits All (Summary in Turkish) Aynı Gemideyiz: Daha Az Eşitsizlik Niye Herkese Kazandırır

TABLE OF CONTENTS

Foreword
Executive summary
Overview of inequality trends, key findings and policy directions
The impact of income inequality on economic growth
Income inequalities during the crisis and fiscal consolidation
Non-standard work, job polarisation and inequality
Women, work and income inequality
How does the concentration of household wealth compare across countries?
Inequality and fiscal redistribution in emerging economies
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NEWS AND SPEECHES


 

 

KEY COUNTRY FINDINGS

 

OECD's "Compare your income" WEB TOOL    

How much do you earn compared with others in your country? Do you feel rich, poor, or just average? Use this tool and found out how your income really compares.

 

  

DATA ON INCOME DISTRIBUTION AND INEQUALITY

 

 

Additional Material: Chapter 3 Income inequalities during the crisis and fiscal consolidation - COuntry FOCUS on Taxes and Benefits

Explanatory note

 

FURTHER READING

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