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Given the high debt level, large-scale increases in social spending are not affordable. Instead, Japan needs to focus on the underlying cause of rising equality and poverty through structural reforms that can provide a double dividend by boosting economic growth and social cohesion.
A new OECD report, How's Life, offers a comprehensive picture of what makes up people’s lives in 40 countries worldwide. This is part of the OECD’s ongoing effort to devise new measures for assessing well-being that go beyond GDP.
Urgent action must be taken by the governments to tackle high unemployment and growing inequality. Good-quality social policies, particularly those addressed to the most vulnerable, should be seen as sound investments to promote economic growth and well-being, according to Angel Gurría.
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This report was prepared to help Korea identify and address main social policy challenges. It suggests specific policy options and a strategy to “go social”, based on the practices and reforms that have worked well in other countries.
Gender equality is an essential human right and crucial for economic growth. Work of the Development Centre highlights the important linkages between women's empowerment and sustainable development. We also propose a set of innovative measures to quantify inequaliti