Working Notes Issue 75: Inequality Matters

Working Notes Issue 75Working Notes Issue 75: Inequality Matters

There has been an increased focus on inequality in the last few years, from sources as diverse as the Occupy movement and the OECD. The slogan of the former, ‘We are the 99%’, reflects the extreme concentration of wealth and incomes in the top 1% of the population in developed countries.

While the OECD has identified that ‘Income inequality in OECD countries is at its highest level for the past half century. The average income of the richest 10% of the population is about nine times that of the poorest 10% across the OECD, up from seven times 25 years ago’.

Posted in Poverty & Inequality News

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