Inequality is a multi-dimensional challenge, it goes beyond income and it affects the well-being of our people. Evidence now tells us that the levels of inequality are becoming an impediment for progress, and that action is needed on many fronts. Tackling inequalities continues to be our core business for economic reasons, for fair societies with equal opportunities, and not least for the well-being of our citizens.
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This brief analyses investments by OECD Development Assistance Committee (DAC) donors in six policy areas that are priorities for the post-2015 agenda because of their catalytic impact on achieving gender equality and women’s rights: girls’ education; sexual and reproductive health and rights; women’s economic empowerment; women, peace and security; women’s participation and leadership; and, violence against women and girls.
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Why Should We Care about High & Growing Inequality? How Unequal Are OECD Societies? Has Gap between Rich & Poor Widened? Possible Culprits in Growing Divide - What OECD Evidence Tells Us about Main Culprits - Importance of Tax/Benefit Systems - What Was the Impact of the Recent Great Recession? What Can Policies Do to Reduce Too-high Inequality?
Street protests are back on the global political scene. Do these movements reflect a frustrated middle class who feel the chill of the global economic crisis? Or are there more profound shifts at play?
How can we increase employment and strengthen social cohesion? The prime minister of Norway argues that we need urgent action to ensure that an entire generation of young people remains connected to the labour market. We must also address the issue of income distribution to protect the vulnerable and guarantee greater equality of opportunity across our societies.
To pursue economic growth, Russia must develop its human capital, which requires structural reforms in education, healthcare and pensions. These, in turn, must respond to major trends in service provision, including the increasing role of individual choice, the need to deliver lifelong learning and healthcare, and the risk that Russians will increasingly buy services abroad, rather than work to develop their own national systems.
More than five years into an economic crisis which has taken on several names–from subprime crisis and financial crisis to great recession–no term accurately depicts the fundamental result of this economic turbulence: people facing hardship.
Brazil’s labour leaders have long argued against pursuing economic growth for its own sake. What matters most, they believe, is not the size of the economic pie but how it’s carved up. In recent years, calls for social justice have increasingly informed policy in Brazil, bringing about a veritable “revolution” in the economy.
The forces driving Asia’s rapid growth–new technology, globalisation, and market-oriented reform–are also fuelling rising inequality. Some income divergence is inevitable in times of fast economic development, but that shouldn’t make for complacency, especially in the face of rising inequality in people’s opportunities to develop their human capital and income-earning capacity.
By helping emphasise the importance of a “better life” as a key component of societal progress, the OECD has made considerable efforts in recent years to help promote a school of thought that places people’s well-being at the heart of economic growth.