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Latin America a region of stark income contrasts. Informal settlement Parque Real favela and upscale Morumbi neighborhood, Sao Paulo, Brazil (Danny Lehman/Corbis)
While the gap between rich and poor is widest in Latin America, research led by Nora Lustig shows it’s the only region in the world where the gap is actually narrowing. But in this podcast, Lustig admits it’s still unclear what specifically is behind the trend.
Nora Lustig, Samuel Z. Stone Professor of Latin American Economics, director of the Commitment to Equity Institute at Tulane University and fellow of the Center for Global Development and the Inter-American Dialogue.