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OECD countries
OECD countries News
Australia's economy
02 Sep 2020
COVID-19 impact: Australia's economy takes sharpest dive since 1930s
The previous biggest downturn since Australia began keeping records in 1959 was a 2% fall in June 1974 Economists estimate a sharper decline of 9.5% in 1930 when Australian became one of the countries worst affected by the Great Depression The biggest drag on the Australian economy was a 12.1% drop in household spending, the largest on record. That alone accounted for 6.7 percentage points of the 7% fall, with business and dwelling investment also down
Income inequality
21 May 2015
Income inequality in India lowest among emerging nations: OECD
India has the lowest income inequality among all emerging economies, but it is much higher than most of the advanced economies, OECD said Thursday.
OECD
09 Dec 2014
Inequality worst in decades in range of countries: OECD
The gap between the rich and poor in a range of countries has reached its widest in 30 years and the trend has harmed growth, the OECD said on Tuesday.
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