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Inequality

Income Inequality: The Gap between Rich and Poor

Date of Editorial Board meeting: 
Publication date: 
Tuesday, December 15, 2015
Abstract in English: 
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it’s around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
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122
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Policy Challenges for the Next 50 Years

Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 2, 2014
Abstract in English: 
This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example, global growth is likely to slow and become increasingly dependent on knowledge and technology, while the economic costs of environmental damages will mount. The rising economic importance of knowledge will tend to raise returns to skills, likely leading to further increases in earning inequalities within countries. While increases in pre-tax earnings do not automatically transform into rising income inequality, the ability of governments to cushion this impact may be limited, as rising trade integration and consequent rising mobility of tax bases combined with substantial fiscal pressures may hamper such efforts. The paper discusses to what extent national structural policies can address these and other interlinked challenges, but also points to the growing need for international coordination and cooperation to deal with these issues over the coming 50 years.
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Global Tendencies and the Future of Latin America

Title Original Language: 
Las tendencias mundiales y el futuro de America Latina
Abstract Original Language: 
El diseño de políticas públicas en America Latina adolece de escasa profundidad estratégica e insuficiente perspectiva de largo plazo. Ello limita la posibilidad de aprovechar oportunidades o contener
riesgos a tiempo. Numerosos países desarrollados de Europa y Asia han fortalecido estas capacidades. America Latina puede ganar conociendo y participando activamente en estos análisis. Este texto (libro)
busca contribuir a esta tarea presentando una síntesis de 6 tendencias globales dominantes (y explorando escenarios posibles), identificadas por los principales grupos de prospectiva de países avanzados. En
seguida se explora el efecto potencial de tales tendencias y escenarios sobre cada una de 5 metas prioritarias destacadas por gobiernos, líderes políticos y sociales y expertos de los países latinoamericanos. En particular, se abordan los temas de gobernabilidad, desigualdad, productividad, integración y alianzas internacionales, desarrollo sustentable y cambio climático. Luego se deducen aquellas áreas que ameritan un seguimiento permanente, incluyendo las estrategias y políticas de naciones avanzadas e innovadoras. Por último se señala como organizar esta función prospectiva y reflexión estratégica en gobiernos e institutos, y la conveniencia de articular una red latinoamericana. Al lector se ofrece los vínculos directos a los estudios referidos.
Original Language: 
Date of Editorial Board meeting: 
Publication date: 
Wednesday, January 1, 2014
Abstract in English: 
Public policy in Latin America suffers from a lack of long term perspective. This inevitably limits the ability to seize opportunities or contain risks that present themselves. This publication analyses six major global tendencies that have been identified by leading prospective institutions. Various scenarios are used to explore the potential effect of these tendencies on five goals previously identified by governments, political and social leaders, and experts on Latin America. Particular attention is paid to the themes of governance, inequality, productivity, integration and international alliances, sustainable development and climate change. Subsequently, areas that require a more continuous monitoring are identified with reference to existing methodologies in other countries.
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Latin America in a Changing World

Date of Editorial Board meeting: 
Publication date: 
Saturday, March 1, 2014
Abstract in English: 
This publication is the second in a series dedicated to raising awareness of global trends analysis and how future scenarios will affect Latin America. In the Question and Answer section, experts from throughout the region examine the most important global trends for Latin America and how policymakers should address them. In the second section, Program Director Sergio Bitar discusses the need for a stronger relationship between global trends analysis and education policy. The final section offers a summary of Bitar’s recently published book, Why and How Latin America Should Think about the Future.
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