The Rich Latin America: Tax Justice for Greater Social Equality?
Latin America is not `underdeveloped', hostage to the world market or victim of bad governance, as many assume and claim. Rather, the subcontinent is one of the richest regions in the world and has enormous amounts of natural goods, raw materials and accumulated money. Latin America's problem is not a scarcity of resources, but the inadequate distribution of these resources. The richest and wealthiest in the region are not held accountable by politics and society to make their contribution to social and economic development: Latin America has the lowest tax rate worldwide.