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Future generations will pay a high price if countries fail to reform pension, health care and unemployment schemes, according to a new OECD report.
Life expectancy, air quality, safety and other indicators of well-being can vary dramatically within countries, depending on which region you live in. Looking beyond national averages is vital to get an accurate picture of quality of life and to guide local government policy.
Today, the OECD launched the Portuguese version of its Better Life Index in Brazil with football legend Pelé. The Portuguese version is the site’s 6th language edition, enabling the OECD to reach over 240 million Portuguese speakers across the globe.
Japanese users of the Better Life Index (BLI) worry most about safety, Australians seek work-life balance, Latin Americans strive for better education, and Danes want to be happy – user feedback shows as the Index marks its third birthday.
Inequality – now at its highest level in decades in many countries – undermines economic growth and well-being, says a new OECD report. But policies to tackle the widening gap between rich and poor will only succeed if they also look beyond income and address better access to high-quality education, health care and public infrastructure, it adds.
The shares of the richest 1% in total pre-tax income have increased in most OECD countries over the past three decades. This rise is the result of the top 1% capturing a disproportionate share of overall income growth over that timeframe: up to 37% in Canada and 47% in the United States, according to new OECD analysis.
Encouraging more people to work later in life would help the Netherlands meet its growing challenges of a rapidly ageing population and rising social spending, according to a new OECD report.
Income inequality and social divisions could worsen and become entrenched unless governments act quickly to boost support for the most vulnerable in society, according to a new OECD report.
This edition of Society at a Glance addresses the growing demand for quantitative evidence on social well-being and its trends with a special chapter on the social consequences of the global crisis.
Recent reforms of pension systems have helped to contain the rise in future costs resulting from ageing populations and increasing life expectancy. Governments now need to do more to encourage people to work longer and save more for their retirement to ensure that benefits are adequate enough to maintain standards of living into old-age.