Business Insider: At the end of 2014, Mexico’s 16 billionaires were worth an average of nearly $9 billion.
That same year, the bottom 20% of Mexicans — nearly 25 million people — were worth an average of $80.
Economic hardship is widespread in Mexico, which is home to more than 120 million people, more than half of whom lived in poverty at the end 2012. Now inequality and wage disparity have emerged as further challenges to the development of Latin America’s second-largest economy. Read more.
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
Showing posts with label wage disparity. Show all posts
Showing posts with label wage disparity. Show all posts
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