Unequal growth, unequal recession? Whether the burden of any recession is felt by some social groups and countries more than others depends largely on public policy. Will government step up to the plate? New actions are needed, and a new report spells out the issues

The world has seen recent decades of rapid growth. This has been most obvious in newly-industrialising countries, notably China and India, but has been shared by OECD countries. Yet the [...]