Editor’s note: This article is part of an ongoing WPR series on income inequality and poverty reduction in various countries around the world.
Mexico has one of the highest rates of inequality among developed countries, according to the Organization for Economic Cooperation and Development, with the richest 1 percent of the population owning almost half of the country’s wealth. In an email interview, Patricio Solís, a sociology professor at el Colegio de Mexico, discusses poverty reduction and income inequality in Mexico.
WPR: What is the rate of income inequality in Mexico, what are the latest trends in terms of widening or lessening inequality, and what are the main factors driving income inequality?