Kayla Ruble – Santiago Times, 11/01/2010
A newly released regional report on economic inequality ranked Chile as one of the top 15 countries in the world with the worst inequality of income distribution and declares Latin America and the Caribbean to be the region with the worst inequality worldwide.
According to the report, which was put together by the United Nations Development Program, 10 of the 15 worst countries in terms of inequality are in Latin America or the Caribbean, with the rest in Africa.
The Latin American country that ranked the worst in the UNDP report was Bolivia, with an index of 60 out of 100, a score it shares with Madagascar and Cameroon.
The ranking measures the distribution of per capita household income within countries and places them between Zero (absolute equality) and 100 (complete inequality).
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