Last week, the United Nations Development Program (UNDP) released its first Human Development Report for Latin America and the Caribbean (LAC). The report, Acting On The Future: Breaking The Intergenerational Cycle Of Inequality (PDF in Spanish), focuses on policies that could help Latin America - the most unequal region in the world - escape from the inequality trap.
The report introduces a new indicator to measure human development while reflecting inequality, and it finds that the region's Human Development Index would fall by between 6 and 19 percent, on average, if it were corrected to account for inequality.
Acknowledging that poverty reduction programs in the region have too often focused on specific, piece-meal solutions, rather than addressing the deep-seated roots of poverty and inequality, the report calls for more comprehensive public social policies across the region.
Thanks to Garrett Bradford