Thursday, May 21, 2015

Mexico, the second most unequal country in the OECD – FORTUNE

MEXICO CITY (CNNExpansión) – Mexico is the second most unequal country members of the Organization for Economic Cooperation and Development (OECD), it is surpassed only by Chile.

“The inequality had declined in 90, but is returning to increasing financial instability,” he said Thursday at a press conference the director of the cabinet of the OECD, Gabriela Ramos, in the presentation of the study ‘Together Why reduce inequality benefits us?’

According to the document, Denmark, Slovenia and Slovakia are the countries with the lowest levels of inequality in the OECD.

In the case of Mexico, the global financial crisis was responsible for pushing more inequality levels. In this context, in 2012 the average of the richest population income, ie the lowest decile was 30.5 times higher than the poorest decile, which compares with a ratio of 22 times in the 80′s

Ramos said the desigualad should not be measured only by income but by access to quality basic services like education, health and social protection mechanisms such as pensions or unemployment insurance.

In the list, followed by Mexico after Turkey.

With regard to social programs, the OECD found that the redistributive policy tool in Mexico have had a modest impact, but targeted programs have helped reduce absolute poverty.



How can reduce inequality?

The OECD study lists a series of recommendations for managers of public policies adopted in Mexico , among which include:.

-Encouraging formality, since high rates of informality involve not have social security and likely lower wages

Generate jobs as well as strengthening of labor integration programs.

-The strengthening of tax collection for investment for growth.

-Encouraging formal employment among women, as most called ninis are women.

Reduce the gender gap.

-Expand pension program and 70 program.

“(must be implemented) a correct public policy at the right time. There is a need to continue to maintain social programs and increase social spending, “said the secretary general of

The Inter-American Conference on Social Security, Juan Lozano.

The increase in inequality It is not exclusive to Mexico, since all OECD countries are at the highest levels since records began statistics.

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