UN: Chile's economic inequality among worst in Latin America
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UN: Chile's economic inequality among worst in Latin America

The U.N. special rapporteur on extreme poverty and human rights says Chile has made “extraordinary progress” in economic growth and poverty reduction, but high rates of inequality persist.

U.N. rapporteur Philip Alston said Tuesday that Chile “is also doing badly compared to other Latin American countries in terms of income inequality.”

Chile has one of the strongest and most stable economies in Latin America, but it also has the widest gap between rich and poor among the 34 countries of the Organization for Economic Co-operation and Development.

Alston said that President Michelle Bachelet’s efforts to reform taxes and overhaul education are positive. But he said fiscal reforms alone will not be able enough to dramatically reduce the vast gap between rich and poor.

Associated Press