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TAIPEI, Nov. 3 Asia Pulse - Taiwan may find a report recently released by the Organization for Economic Co-operation and Development (OECD) helpful in devising strategies to narrow the widening income gap in Taiwan, a government planning agency has suggested.
According to the Cabinet-level Council for Economic Planning and Development (CEPD), the strategies introduced in the latest report by the OECD aimed at creating a more balanced distribution of income can serve as a valuable reference in addressing the issue.
The organization's report "Growing Unequal? " observed that income differentials in its member countries over the past 20 years have widened and analyzed factors that contributed to the situation.
The report pointed to a changing population structure and the impact of globalization as playing significant roles in the widening of the income gap, the CEPD said.
Less access to information technology recorded among less educated or jobless households, for instance, accounted for the continual decline in their employment rate, the report showed.
Workers with ...
Source: HighBeam Research, OECD REPORT MAY HELP BALANCE INCOME GAP IN TAIWAN.