Italian inequality continues to rise for the last decade

Italian inequality continues to rise for the last decade


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In line with trends across developed economies, Italian inequality has surged since the beginning of the economic crisis in 2008, according to an OECD report published on Friday.

“… Since the crisis, trends towards greater wealth inequality have continued,” the report reads, in line with trends in the Netherlands, Britain, and the United States.

One significant example of an opposite trend is Iceland. From 2007 to 2013 the value of the Gini coefficient calculated after taxes and transfers decreased from 0.29 to 0.24 as the financial crisis reduced substantially the income of high-earning individuals and households.

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