- Income inequality in industrialized world continues to grow, says OECD, By Tavia Grant, May 14, 2013, Globe and Mail: “Income inequality is growing across the industrialized world, including Canada, with the global financial crisis deepening the divide between the rich and the poor, says an analysis to be released Wednesday. And the rate of change is quickening. The income gap increased at a faster pace in the three years to 2010 than it had in the previous 12 years, according to an Organization for Economic Co-operation and Development report…”
- Report: Income inequality rising in most developed countries, By Eliza Mackintosh, May 16, 2013, Washington Post: “The divide between rich and poor is widening in developed nations, according to a new report released Wednesday by the Paris-based Organization for Economic Cooperation and Development. According to the new data, economic disparity has risen more from 2007 to 2010 than in the preceding 12 years. Over this period, the OECD has documented increasing income inequality caused by the financial crisis, which it says is ‘squeezing income and putting pressure on inequality and poverty…'”
- Young and poor hit hardest as UK cuts widen inequality, says OECD, By Randeep Ramesh, May 14, 2013, The Guardian: “The OECD has warned that Britain faces rising levels of inequality by pursuing austerity polices that are widening the gulf between rich and poor. In a report examining the developed world’s response to the global slowdown, the thinktank warns that the ‘financial crisis is squeezing income and putting pressure on inequality and poverty’ across the board…”
Poverty-related issues in the news, from the Institute for Research on Poverty