Mexico and Brazil have a lot in common. They are the two largest Latin American countries and the continent's main emerging markets. A big difference, however, is that Mexico collects 13 per cent of its GDP in taxes, compared with Brazil's 21 per cent, a figure that hits a record 36 per cent...

This paper documents patterns and recent developments on different dimensions of inequality in Latin America and the Caribbean (LAC). New comparative international evidence confirms that LAC is a region of high inequality, although maybe not the highest in the world. Income inequality has fallen...