WorldViews: How inequality made these Western countries poorer

By Rick Noack, January 5, 2015

Rising inequality holds back economic growth -- according to a recent report by the Organization for Economic Co-operation and Development (OECD).The organization, which is primarily composed of high-income countries, analyzed economic growth from 1990 to 2010 and found that almost all 21 examined countries missed out on economic growth due to rising inequalities. (We take a closer look at the countries that were hardest hit in the second half of this post.)Read full article >>