High Inequality
Latin America suffers from both the world’s highest rate of income inequality and from a lackluster economic performance that puts it well behind the growth levels of other emerging regions such as Asia. Could there be a connection? Recent research suggests that high inequality and low social mobility are more than just poor people’s problems: … Read more
Growing Public Insecurity in Central America
Crime has replaced soccer as the hot conversation topic among business leaders, journalists, construction workers, and secretaries in Central America’s Northern Triangle—El Salvador, Honduras and Guatemala. Although the problems of delinquency, particularly maras (youth gangs) and organized criminal networks, are not new to the region, public skepticism—bordering on contempt—for all three governments’ inability to deal … Read more