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This chapter is a special focus on inequality in Emerging Economies (EEs) the from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".
There is nothing inevitable about high and growing inequalities, said Mr Gurría. Our report clearly indicates that upskilling of the workforce is by far the most powerful instrument to counter rising income inequality. The investment in people must begin in early childhood and be followed through into formal education and work, he added.
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.
The financial crisis has resulted in a substantial increase in unemployment in the OECD.
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Twenty-four of the developing countries that undertook the 2011 Paris Declaration Monitoring Survey chose to also pilot the survey’s gender equality module. Read the full report here.
The jobs crisis has three particularly worrying aspects. First, the risk of unemployment becoming entrenched is more and more real in a number of G20 countries. Second, the crisis impacts disproportionately on youth. Finally, growing inequality threatens to affect social cohesion and the living standards of vulnerable families and individuals. To deal with these threats, job creation must be restarted quickly, accompanied by stronger
At this pre-G20 Event 'Growing Economies through Women’s Entrepreneurship', A. Gurría declared that 'Girls and women represent 3.3 billion ways to change this world. This is the lemma from this year’s G20 Girls Summit. It is also a powerful truth. We need to unleash this potential.'
This paper first presents information on trends and composition of social expenditure as in the OECD Social Expenditure database for the years 1980 – 2007 as well as estimates from 2008 – 2012.
Mexico has a relatively large informal sector by OECD standards.
- Economic Survey of Mexico 2011
The recent surge in social movements is a clear call for an economy with a more human face. Reconciling long-term economic growth and people’s well-being can be achieved if structural policies focus on what matters most to people in advanced and less-advanced economies alike, said Angel Gurría.