OECD Inclusive Growth facts
In the OECD the average income of the richest 10% is ten times that of the poorest 10%, up from 7 times 25 years ago.
In OECD countries children whose parents did not complete secondary school have only a 15% chance of making it to university compared to 60% for peers with at least one tertiary educated parent
The richest 10% in the OECD own approximately half of all household assets, while the bottom 40% own barely 3%
Inclusive growth at the OECD
The OECD Inclusive Growth Initiative was launched in 2012 as a response to worldwide increases in inequality. The rise of inequalities of income, wealth and well-being are fracturing societies, encouraging political extremism and undermining further economic growth. The OECD aims to help governments at all levels address the challenges they face and put people’s well-being at the heart of policy making.