According to a new study by the Organization for Economic Co-operation and Development, income inequality in most economically developed countries is the worst it has been in nearly 25 years. Ten countries from the OECD report, particularly Chile are identified as having the worst income inequality.
Latin America has experienced significant advances in the reduction of poverty but has barely improved the deep social inequalities that limit its development according to Heraldo Muñoz, head of the regional UN Program for Development.