Urban Income Inequality on the Increase
Tuesday 6 December, 2011 - 11:08
The Organisation for Economic Cooperation and Development (OECD) says that global income inequality increased significantly due to the 2008 economic recession.
In its report ‘Divided We Stand: why income inequality keep Rising’, the organisation says argues that despite robust economic growth since the recession, most emerging markets - including South Africa - have failed to reduce inequality.