Tag Archives: OECD

Why income inequality is bad for growth By John Schmitt

“Focusing exclusively on growth and assuming that its benefits will automatically trickle down,” the report says, “may undermine growth in the long run.” But, policies that help in “limiting or—ideally—reversing the long-run rise in inequality would not only make societies less unfair, but also richer.” Specific policies discussed include “raising marginal tax rates on the rich … improving tax compliance, eliminating or scaling back tax deductions that tend to benefit higher earners disproportionately, and … reassessing the role of taxes on all forms of property and wealth.”



European Commission publishes brochure analysing the importance of promoting senior entrepreneurship

“The European Commission and OECD have joined forces to produce “Policy Brief on Senior Entrepreneurship”, a brochure which emphasises the importance of a shift in entrepreneurship policy to encourage older people to become more active.”