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Argentina: Poor neighbourhoods in Latin America

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Buenos Aires, Argentina - June 28, 2024

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Footage shows poor neighborhoods in Guernica, Buenos Aires, Argentina.

Latin America is the most unequal region on the planet in economic terms. And, far from narrowing, the gap between those who have the most and those who have the least continues to grow. The richest 1% in Latin America and the Caribbean own 43.5% of the total wealth, while the poorest half have only 0.8%.

The numbers come from Econonuestra: Time for an economy for all, Oxfam's new report on economic inequality in the region. "This phenomenon, which benefits large corporations and the wealthiest, undermines guarantees of jobs and prosperity and disproportionately affects women, youth, and indigenous and Afro-descendant communities," the report says.

SHOTLIST:
1. various poor neighborhoods in Buenos Aires.

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