Reducing income inequality while boosting economic growth ...

economic Policy Reforms 2012 Going for growth OECD 2012181 PART II Chapter 5 Reducing income inequality while boosting economic growth : Can it be done?This chapter identifies inequality patterns across OECD countries and provides newanalysis of their policy and non-policy drivers. One key finding is that education andanti-discrimination policies, well-designed labour market institutions and large and/orprogressive tax and transfer systems can all reduce income inequality . On thisbasis, the chapter identifies several policy reforms that could yield a double dividendin terms of boosting GDP per capita and Reducing income inequality , and also flagsother policy areas where reforms would entail a trade-off between both Reducing income inequality while boosting economic growth : CAN IT BE DONE? economic POLICY REFORMS 2012: GOING FOR growth OECD 2012182 Summary and conclusionsIn many OECD countries, income inequality has increased in past decades.

growth-enhancing policy reforms advocated fo r each OECD country and the BRIICS in Going for Growth might have positive or negative side effects on income inequality. More broadly, in pursuing growth and redistribution strategies simultaneously, policy makers need to be aware of possible complementarities or trade-offs between the two objectives.

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  Code, Growth, Redistribution, Growth and redistribution

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