The OECD has released a new report on inequality today, which revealed that two-fifths of the populations of developed countries have gained little over recent decades, driving rising income and wealth inequality that is damaging economic growth.
The report finds that wealthiest 10% of the population now earns 9.6 times the income of the poorest 10%, and that this ratio is up from 7:1 times in the 1980s, 8:1 in the 1990s and 9:1 in the 2000s.