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Towards a multidimensional framework for inclusive growth
| Content Provider | OECD iLibrary |
|---|---|
| Organization | OECD |
| Abstract | What is behind the increase in inequalities? How have rising inequalities affected growth in living standards? Building on the OECD’s work on well-being, this chapter introduces an innovative analytical policy framework to examine the main drivers behind the rise of inequalities discussed in the preceding chapter. Proposing a novel measure of multidimensional living standards (comprising household disposable income, employment status, and longevity) the chapter identifies their growth for different segments of the population, and considers the impact of individual policies. The analysis shows that over the period immediately prior to the crisis, from 1995 to 2007, growth in multidimensional living standards across the OECD area was somewhat lower for the median household and the poor (those in the lowest decile) than for the "average" household. |
| Page Count | 33 |
| Starting Page | 75 |
| Ending Page | 107 |
| Language | English |
| Publisher | OECD Publishing |
| Publisher Date | 2015-05-29 |
| Access Restriction | Open |
| Subject Keyword | Development |
| Content Type | Text |
| Resource Type | Chapter |