Splitting the Bill: Taxing and Spending to Close Ethnic and Racial Gaps in Latin America
Ethnic and racial gaps in economic outcomes, labor opportunities and access to basic services, such as education and health remain a challenge throughout Latin America. Taxes and public spending are two effective tools governments have at their disposal to help close these gaps. However, fiscal policy tools are underutilized to reduce inequality in Latin America as compared to developed (OECD member) economies.