<br><br><div class="gmail_quote"><br>From: <b class="gmail_sendername">Ruggiero, Mrs. Ana Lucia (WDC)</b> <span dir="ltr"><<a href="mailto:ruglucia@paho.org">ruglucia@paho.org</a>></span><br>cross posted from: <a href="mailto:EQUIDAD@listserv.paho.org">EQUIDAD@listserv.paho.org</a><br>
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<p class="MsoNormal" style="margin-left:.5in"><b><font face="Arial" size="3" color="maroon"><span style="font-size:12.0pt;font-family:Arial;color:maroon;font-weight:bold">Divided We Stand: Why Inequality Keeps Rising <br>
<br>
<u></u><u></u></span></font></b></p>
<p class="MsoNormal" style="margin-left:.5in"><b><font face="Arial"><span style="font-size:10.0pt;font-family:Arial;font-weight:bold">Organisation for
Economic Co-operation and Development (OECD) 2012<br>
<br>
<u></u><u></u></span></font></b></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">Website: <a href="http://bit.ly/N2aE0n" target="_blank"><font color="black"><span style="color:windowtext">http://bit.ly/N2aE0n</span></font></a>
<br>
<br>
<b><span style="font-weight:bold"><u></u><u></u></span></b></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">“…….The gap
between rich and poor in OECD countries has reached its highest level for over
over 30 years, and governments must act quickly to tackle inequality, according
to this OECD report. <br>
<br>
<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">The report notes that the average
income of the richest 10% is now about nine times that of the poorest 10 %
across the OECD. The income gap has risen even in traditionally egalitarian
countries, such as <u></u>Germany<u></u>, <u></u>Denmark<u></u> and <u></u><u></u>Sweden<u></u><u></u>, from 5 to 1 in the 1980s to
6 to 1 today. The gap is 10 to 1 in <u></u>Italy<u></u>,
<u></u>Japan<u></u>, <u></u>Korea<u></u> and the <u></u>United
Kingdom<u></u>, and higher still, at 14 to 1 in <u></u>Israel<u></u>, <u></u>Turkey<u></u>
and the <u></u><u></u>United States<u></u><u></u>.
<br>
<br>
<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">In <u></u>Chile<u></u>
and <u></u><u></u>Mexico<u></u><u></u>,
the incomes of the richest are still more than 25 times those of the poorest,
the highest in the OECD, but have finally started dropping. Income inequality
is much higher in some major emerging economies outside the OECD area. At 50 to
1, <u></u><u></u>Brazil<u></u><u></u>'s
income gap remains much higher than in many other countries, although it has
been falling significantly over the past decade.<br>
<br>
<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial"> “…….Globalisation
and technological changes offer opportunities but also raise challenges that
can be tackled with effective and well-targeted policies. Any policy strategy
to reduce the growing divide between rich and poor should rest on three main
pillars: more intensive human capital investment; inclusive employment
promotion; and well-designed tax/transfer redistribution policies…..”<br>
<br>
<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">This report analyses the major
underlying forces behind these developments:<br>
<br>
<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><b><font face="Arial"><span style="font-size:10.0pt;font-family:Arial;font-weight:bold">Content: <u></u><u></u></span></font></b></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">- An Overview of Growing Income
Inequalities in OECD Countries <u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">- Special Focus: Inequality in
Emerging Economies <u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">- Part I. How Globalisation,
Technological Change and Policies Affect Wage and Earnings Inequalities<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">- Part II. How Inequalities in
Labour Earnings Lead to Inequalities in Household Disposable Income<u></u><u></u></span></font></p>
<p class="MsoNormal" style="margin-left:.5in"><font face="Arial"><span style="font-size:10.0pt;font-family:Arial">- Part III. How the Roles of Tax and
Transfer Systems Have Changed<br>
<br>
<u></u><u></u></span></font></p>
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