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LatinNews Regional Monitor: Mexico - 12 June 2017

Region: Inequality down but not out

For many years, very unequal income distribution has been one of the major economic problems affecting Latin America and the Caribbean (LAC). During the most decade-long recent commodities boom (2003-2013), a combination of strong growth and redistributive social programmes helped reduce inequality. But, according to the latest (2016) ‘Social Panorama of Latin America’, published in late May by the Economic Commission for Latin America and the Caribbean (ECLAC), the move towards a more equal distribution of income is losing pace, and various types of inequality, acting through “multiple vicious circuits” continue to hold back regional economies.

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