report: income inequality and poverty rising in most o.e.c.d. countries...

the gap between rich and poor has grown in more than three-quarters of OECD countries over the past two decades, according to a new OECD report. OECD’s growing unequal? finds that the economic growth of recent decades has benefitted the rich more than the poor. in some countries, such as canada, finland, germany, italy, norway and the united states, the gap also increased between the rich and the middle-class. countries with a wide distribution of income tend to have more widespread income poverty. also, social mobility is lower in countries with high inequality, such as italy, the uk and the us, and higher in the nordic countries where income is distributed more evenly// 10.21.08, OECD