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Economic forces are global; the fact that there are such differences in outcomes (both levels of inequality and opportunity) suggests that what matters is how local forces — most notably, politics — shape these global economic forces.
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While not the sole case in the region, both the original low levels of inequality and its upward trend since the mid 1970s are characteristic of the Argentine case.
In analyses of 23 high-income and 10 middle-income countries with less economic dispersion, Due et al. (2009) found that economic inequality as measured by the Gini coefficient was more important in explaining both level of and inequality in overweight among adolescents than was absolute economic level.
As Latin American countries have emerged from military dictatorships to embrace both democracy and markets, levels of inequality have remained the highest in the world, and urban drug trafficking and gang-violence have spiraled upward, not decreased.
In 1980, both sides of the Atlantic showed similar levels of inequality.
There are grotesque levels of inequality.
Dramatic levels of inequality persist, impairing growth in some countries.
"We are heading towards 'developing nation' levels of inequality.
"We have grotesque levels of inequality in Britain," he says.
A coefficient above 0.4 is generally regarded as the warning level for dangerous levels of inequality.
Prosperity did rise for the few, as levels of inequality deepened.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com