What does income inequality look like around the world?

Published by rudy Date posted on August 10, 2015

On July 14, 1789, the French stormed the Bastille, a medieval fortress-prison in Paris in one of the key moments of the French Revolution.

The average people were fed up with the Ancien Régime — aka the monarchy — and they were protesting the vast inequality between themselves and the upper echelon.

Fast forward 266 years: inequality is still a major issue.

“We have reached a tipping point. Inequality in OECD countries is at its highest since records began,” OECD Secretary-General Angel Gurría said in a recent report.

Mexico, Chile, the US and Turkey have the highest inequality among the OECD members. And inequality is even higher in emerging economies. On the flip side, Denmark, Slovenia, and Czech Republic have the lowest.

“The evidence shows that high inequality is bad for growth. The case for policy action is as much economic as social. By not addressing inequality, governments are cutting into the social fabric of their countries and hurting their long-term economic growth,” Gurría added.

For what it’s worth, France is below the OECD average.

income inequality

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.