Did you know that growing inequality is damaging not just for society, but for the economy too? Even before COVID-19, the gap between rich and poor in OECD countries had widened to reach its highest level for decades during the aftermath of the financial crisis. For an inclusive, strong economic recovery, governments can and must do more to tackle global income and wealth inequality, according to an OECD report, “Divided We Stand.”
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ABOUT THE OECD
The Organisation for Economic Co-operation and Development (OECD) is an international organisation established in 1960 that works collaboratively to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. Together with governments, policy makers, policy shapers, and citizens, we work on establishing evidence-based international standards and finding solutions to a range of social, economic and environmental challenges.
From improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, we provide a unique forum and knowledge hub for data and analysis, exchange of experiences, best-practice sharing, and advice on public policies and international standard-setting. To learn more about the OECD, our global reach, and how to join us, go to https://www.oecd.org/about/. Keep up with latest at the OECD, visit https://www.oecd.org/.
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Edited: 15/02/2021
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