Dec 12, 2011

Mexico Economy: Countries with the widest gap between the rich and the poor

This article presents data on income inequality in several "developed" countries, including the U.S.

Bottom Line: "Mexico has one of the highest rates of income inequality. Among all OECD (Organization for Economic Co-operation and Developmentcountries, Mexico has the lowest amount of public social expenditure as a percentage of GDP. It also has the lowest unemployment benefit recipient rates. Finally, the country has the lowest minimum wages as a percentage of average wages." read more

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