Item Details

Income Inequality [electronic resource]: The Gap Between Rich and Poor

Brian Keeley
Format
EBook; Book; Government Document; Online
Published
Paris : OECD, 2015.
Language
English
Series
OECD Insights
ISBN
9789264246003, 9264246002
Summary
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 91/2 btimes higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
Description
Mode of access: World wide Web.
Notes
Includes bibliographical references (pages 105-117)
Series Statement
OECD insights, 1993-6745
Logo for Copyright Not EvaluatedCopyright Not Evaluated
Technical Details
  • Access in Virgo Classic

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