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OECD urges global finance reforms to fight inequality

The OECD called Wednesday for financial sector reforms to combat inequality and lift economic growth in developed nationsThe OECD called Wednesday for financial sector reforms to combat inequality and lift economic growth in developed nations. The Organisation for Economic Cooperation and Development, a policy body comprising 34 advanced economies, cited data stretching back 50 years in a key report unveiled in the British capital. “Reforms to make the financial sector more stable can be expected to boost long-term economic growth and improve income equality,” read the OECD study entitled “Finance and Inclusive Growth”.

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