Inequality and Inclusive Growth in Rich Countries

This insightful book examines how to tackle inequality in affluent nations, emphasizing inclusive growth strategies for a more equitable future.

This book tackles a pressing issue faced by affluent nations: the challenge of fostering growth and prosperity that benefits everyone, rather than just a select few. Inequality and Inclusive Growth in Rich Countries delves into the structures and policies that can help mitigate the rise of inequality and stimulate income growth across various socio-economic groups. The authors highlight how rising inequality in income and wealth within the OECD has emerged as a significant concern, linking it to stagnation in wages and incomes for ordinary working families.

The concentration of wealth among the elite is increasingly viewed as a threat to both social cohesion and political stability. In Inequality and Inclusive Growth in Rich Countries, the authors aim to identify the successful structures and policies that can limit inequality and promote growth for middle and lower-income households. Through a detailed analysis of the experiences of ten affluent countries over recent decades, the book reveals that there are indeed effective responses that governments and societies can implement.

The key message is that stagnation and rising inequality are not inevitable; they can be addressed with the right political will and societal capacity. By examining various case studies, the book provides valuable insights into how inclusive growth can be achieved, suggesting that a more equitable distribution of wealth is possible and beneficial for all.