The COVID-19 pandemic had strong economic and social impacts that have exacerbated the problems of inequality between rich and poor. While the wealthier classes were able to preserve their jobs and work remotely, many low-income workers lost their sources of income overnight, or saw their incomes shrink dramatically. This increase in inequality, coupled with large fiscal … [Read more...] about Can a wealth tax reduce inequality in Latin America and the Caribbean?
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How to decentralize Chile in a fiscally responsible way
Chile remains one of the more centralized unitary countries within the OECD and also among emerging markets. Regional governments have traditionally been deconcentrated arms of the central government, with virtually non-existent own revenues. Municipalities have also a more limited range of responsibilities than is typical internationally. Successive governments of different … [Read more...] about How to decentralize Chile in a fiscally responsible way