A lot more is needed to level the international playing field.
Latin America can no longer postpone developing strong tax regimes.
In the last decade, inequality has decreased in the majority of countries in Latin America. This historic shift was largely the result of unprecedented, steady economic growth and increased public spending that targeted the most vulnerable populations—mainly through conditional cash transfer programs. Nevertheless, income inequality is still unacceptably high. With a Gini coefficient of 0.52, … Read more