Even though it is well known that economic inequality in Latin America and the Caribbean is unacceptably high, efforts to close the gap between rich and poor have fallen short. A new research project aims to provide governments with a more nuanced understanding of this longstanding problem and how to remedy it.
WASHINGTON, DC – Nearly everyone agrees that the unequal distribution of income, wealth, and opportunities in Latin America and the Caribbean (LAC) has hindered efforts to build cohesive societies and robust democracies, as well as frustrating the ambitions of young people. But efforts to close the gap between rich and poor have fallen short, and progress has stalled. Governments urgently need better evidence on how to remedy this longstanding problem.
WASHINGTON, DC – Nearly everyone agrees that the unequal distribution of income, wealth, and opportunities in Latin America and the Caribbean (LAC) has hindered efforts to build cohesive societies and robust democracies, as well as frustrating the ambitions of young people. But efforts to close the gap between rich and poor have fallen short, and progress has stalled. Governments urgently need better evidence on how to remedy this longstanding problem.