Tuesday, March 18, 2014Tweet
[IWS] OECD: SOCIETY AT A GLANCE 2014 [18 March 2014]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
Organisation for Economic Cooperation and Development (OECD)
SOCIETY AT A GLANCE 2014 [18 March 2014]
[Read Online, 147 pages]
[full-text, 147 pages]
Press Release 18 March 2014
Urgent action needed to tackle rising inequality and social divisions, says OECD
Public spending on disability, family and unemployment benefits rose during the early phases of the crisis but these areas are now under pressure. Coverage has also been a challenge: while social protection programmes helped soften the blow for many people, others were left with little or no support, notably in southern Europe.
Governments need to consider any further expenditure cuts very carefully, says the OECD. These may add to the hardship of the most vulnerable and could create problems for future social cohesion.
“The economic recovery alone will not be enough to heal the social divisions and help the hardest hit bounce back,” said OECD Secretary-General Angel Gurría. “Governments need to put in place more effective social policies to help their citizens deal with future crises. They also need to avoid complacency and persevere in their reform efforts as the recovery takes hold.”
Governments should target social spending and investment on the most needy, says the OECD. Across-the-board cuts in social transfers should be avoided. This is particularly true for housing and child or family benefits as these often provide vital support to poor working families and lone parents. Cutting such social investment expenditure today might cause long-term harm to children’s development and people’s employment chances and well-being in the future.
Society at a Glance 2014 highlights the impact of the crisis across a range of indicators:
By contrast, the large emerging-market economies have aimed to bolster redistribution measures as part of their strategies to reduce poverty and inequality and can learn from the recent experiences of OECD countries.
Society at a Glance gives an overview of social trends and policy developments in OECD countries and selected non-member countries using indicators taken from the OECD and other sources.
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