Falling Inequality in Latin America

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Publisher : Oxford University Press
ISBN 13 : 0198701802
Total Pages : 402 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Falling Inequality in Latin America by : Giovanni Andrea Cornia

Download or read book Falling Inequality in Latin America written by Giovanni Andrea Cornia and published by Oxford University Press. This book was released on 2014 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A study prepared by the United Nations University, World Institute for Development Economics Research (UNU-WIDER)

Wage Inequality in Latin America

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Publisher : World Bank Publications
ISBN 13 : 1464810400
Total Pages : 226 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Wage Inequality in Latin America by : Julián Messina

Download or read book Wage Inequality in Latin America written by Julián Messina and published by World Bank Publications. This book was released on 2017-12-28 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and policy perspectives. The answer to the fi rst question can be broken down into several parts, although the bottom line is that the changes in wage inequality resulted from a combination of three forces: (a) education expansion and its eff ect on falling returns to skill (the supply-side story); (b) shifts in aggregate domestic demand; and (c) exchange rate appreciation from the commodity boom and the associated shift to the nontradable sector that changed interfi rm wage diff erences. Other forces had a non-negligible but secondary role in some countries, while they were not present in others. These include the rapid increase of the minimum wage and a rapid trend toward formalization of employment, which played a supporting role but only during the boom. Understanding the forces behind recent trends also helps to shed light on the second question. The analysis in this volume suggests that the economic slowdown is putting the brakes on the reduction of inequality in Latin America and will likely continue to do so—but it might not actually reverse the region’s movement toward less wage inequality.

Cities and Economic Inequality in Latin America

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Author :
Publisher : Routledge
ISBN 13 : 1000569640
Total Pages : 225 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Cities and Economic Inequality in Latin America by : Lena Simet

Download or read book Cities and Economic Inequality in Latin America written by Lena Simet and published by Routledge. This book was released on 2022-04-19 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines trends and determinants of economic inequality in cities in Latin America, the world’s most unequal region. It explores how the gap between the haves and the have nots manifests in every part of urban life – from housing to schooling to employment. It asks why some cities have higher inequality than others and what we can learn from these differences as we push back against inequality. The book starts with reviewing the policies and forces that explain the rise and fall of inequality in Latin America since the 1990s and why progress in reducing inequality has stalled. It then focuses on Argentina’s cities and applies a set of quantitative tools to identify inequality determinants. It finds that intra-urban inequality generally mirrors national-level trends, but local idiosyncrasies related to a city’s labor market, informal employment, and social protection systems matter. The book discusses the pitfalls of privatizing public services that turned access to water in metropolitan Buenos Aires more unequal. It explores the promises and unintended consequences of slum upgrading initiatives in Buenos Aires’ Villa 20. The book presents lessons that can inform policies and practices in the region and beyond. Developing a strategy against inequality that incorporates local features and resists the temptation to rely on the "free market" for solutions to urban problems offers a powerful opportunity. Drawing from the field of economics and social and urban policy, this book shows that the battle against inequality is not only won and lost in cities but also requires a uniquely public and urban response. As such, it will be of interest to advanced students, researchers, and policymakers across development economics, urban studies, and Latin American studies.

Has Latin American Inequality Changed Direction?

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Author :
Publisher : Springer
ISBN 13 : 3319446215
Total Pages : 419 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Has Latin American Inequality Changed Direction? by : Luis Bértola

Download or read book Has Latin American Inequality Changed Direction? written by Luis Bértola and published by Springer. This book was released on 2017-01-25 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book brings together a range of ideas and theories to arrive at a deeper understanding of inequality in Latin America and its complex realities. To so, it addresses questions such as: What are the origins of inequality in Latin America? How can we create societies that are more equal in terms of income distribution, gender equality and opportunities? How can we remedy the social divide that is making Latin America one of the most unequal regions on earth? What are the roles played by market forces, institutions and ideology in terms of inequality? In this book, a group of global experts gathered by the Institute for the Integration of Latin America and the Caribbean (INTAL), part of the Inter-American Development Bank (IDB), show readers how various types of inequality, such as economical, educational, racial and gender inequality have been practiced in countries like Brazil, Bolivia, Chile, Mexico and many others through the centuries. Presenting new ideas, new evidence, and new methods, the book subsequently analyzes how to move forward with second-generation reforms that lay the foundations for more egalitarian societies. As such, it offers a valuable and insightful guide for development economists, historians and Latin American specialists alike, as well as students, educators, policymakers and all citizens with an interest in development, inequality and the Latin American region.

Commodity Cycles, Inequality, and Poverty in Latin America

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Publisher : International Monetary Fund
ISBN 13 : 1484326091
Total Pages : 123 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Commodity Cycles, Inequality, and Poverty in Latin America by : Mr. Ravi Balakrishnan

Download or read book Commodity Cycles, Inequality, and Poverty in Latin America written by Mr. Ravi Balakrishnan and published by International Monetary Fund. This book was released on 2021-04-26 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.

Economic Mobility and the Rise of the Latin American Middle Class

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Publisher : World Bank Publications
ISBN 13 : 0821397230
Total Pages : 203 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Economic Mobility and the Rise of the Latin American Middle Class by : Francisco H. G. Ferreira

Download or read book Economic Mobility and the Rise of the Latin American Middle Class written by Francisco H. G. Ferreira and published by World Bank Publications. This book was released on 2012-11-09 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of stagnation, the size of Latin America's middle class recently expanded to the point where, for the first time ever, the number of people in poverty is equal to the size of the middle class. This volume investigates the nature, determinants and possible consequences of this remarkable process of social transformation. We propose an original definition of the middle class, tailor-made for Latin America, centered on the concept of economic security and thus a low probability of falling into poverty. Given our definition of the middle class, there are four, not three, classes in Latin America. Sandwiched between the poor and the middle class there lies a large group of people who appear to make ends meet well enough, but do not enjoy the economic security that would be required for membership of the middle class. We call this group the 'vulnerable'. In an almost mechanical sense, these transformations in Latin America reflect both economic growth and declining inequality in over the period. We adopt a measure of mobility that decomposes the 'gainers' and 'losers' in society by social class of each household. The continent has experienced a large amount of churning over the last 15 years, at least 43% of all Latin Americans changed social classes between the mid 1990s and the end of the 2000s. Despite the upward mobility trend, intergenerational mobility, a better proxy for inequality of opportunity, remains stagnant. Educational achievement and attainment remain to be strongly dependent upon parental education levels. Despite the recent growth in pro-poor programs, the middle class has benefited disproportionally from social security transfers and are increasingly opting out from government services. Central to the region's prospects of continued progress will be its ability to harness the new middle class into a new, more inclusive social contract, where the better-off pay their fair share of taxes, and demand improved public services.

Declining Inequality in Latin America

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Publisher : Rowman & Littlefield
ISBN 13 : 0815704445
Total Pages : 265 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Declining Inequality in Latin America by : Luis Felipe López-Calva

Download or read book Declining Inequality in Latin America written by Luis Felipe López-Calva and published by Rowman & Littlefield. This book was released on 2010-08-01 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America is often singled out for its high and persistent income inequality. Toward the end of the 1990s, however, income concentration began to fall across the region. Of the seventeen countries for which comparable data are available, twelve have experienced a decline, particularly since 2000. This book is among the first efforts to understand what happened in these countries and why. Led by editors Felipe López-Calva and Nora Lustig, a panel of distinguished economists undertakes in-depth analyses of Argentina, Brazil, Mexico, and Peru. In addition, they provide essential background in the form of overviews of the relationship between markets and inequality, the political economy of redistribution, and the evolution of income inequality in the advanced industrialized economies. Two factors account for much of the decline in inequality: a decrease in the wage gap between skilled and low-skilled labor, and an increase in government transfers targeted to the poor. Thanks to the timeliness and sophistication of these essays, Declining Inequality in Latin America is likely to become a standard reference in its field.

Income Distribution in Latin America

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Publisher : CUP Archive
ISBN 13 : 9780521210294
Total Pages : 264 pages
Book Rating : 4.2/5 (12 download)

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Book Synopsis Income Distribution in Latin America by : Alejandro Foxley

Download or read book Income Distribution in Latin America written by Alejandro Foxley and published by CUP Archive. This book was released on 1976-09-02 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of papers on income distribution in Latin America - examines distributive trends which benefit a privileged minority, describes income redistribution experiences, and discusses strategies and problems of redistribution. References and statistical tables.

The Costs of Inequality in Latin America

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Publisher : Bloomsbury Publishing
ISBN 13 : 1838606254
Total Pages : 217 pages
Book Rating : 4.8/5 (386 download)

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Book Synopsis The Costs of Inequality in Latin America by : Diego Sánchez-Ancochea

Download or read book The Costs of Inequality in Latin America written by Diego Sánchez-Ancochea and published by Bloomsbury Publishing. This book was released on 2020-12-10 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the United States to the United Kingdom and from China to India, growing inequality has led to social discontent and the emergence of populist parties, also contributing to economic crises. We urgently need a better understanding of the roots and costs of these income gaps. The Costs of Inequality draws on the experience of Latin America, one of the most unequal regions of the world, to demonstrate how inequality has hampered economic growth, contributed to a lack of good jobs, weakened democracy, and led to social divisions and mistrust. In turn, low growth, exclusionary politics, violence and social mistrust have reinforced inequality, generating various vicious circles. Latin America thus provides a disturbing image of what the future may hold in other countries if we do not act quickly. It also provides some useful lessons on how to fight income concentration and build more equitable societies.

The Decline of Latin American Economies

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Publisher : University of Chicago Press
ISBN 13 : 0226185036
Total Pages : 427 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis The Decline of Latin American Economies by : Sebastian Edwards

Download or read book The Decline of Latin American Economies written by Sebastian Edwards and published by University of Chicago Press. This book was released on 2009-02-15 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.

The Oxford Handbook of Latin American Economics

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Publisher : Oxford University Press
ISBN 13 : 019957104X
Total Pages : 959 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis The Oxford Handbook of Latin American Economics by : José Antonio Ocampo

Download or read book The Oxford Handbook of Latin American Economics written by José Antonio Ocampo and published by Oxford University Press. This book was released on 2011-07-28 with total page 959 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of the key factors affecting the development of Latin American economies that examines long-term growth performance, macroeconomic issues, Latin American economies in the global context, technological and agricultural policies, and the evolution of labour markets, the education sector, and social security programmes.

The Image

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Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Image by : Jacques Aumont

Download or read book The Image written by Jacques Aumont and published by . This book was released on 1997 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Images have become a source of knowledge and persuasion as well as pleasure every bit as powerful as the written word. Yet the image, as it manifests itself in painting, cinema, journalism, television, and multi-media remains an enigmatic device

The Great Gap

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Publisher : Penn State Press
ISBN 13 : 0271073918
Total Pages : 418 pages
Book Rating : 4.2/5 (71 download)

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Book Synopsis The Great Gap by : Merike Blofield

Download or read book The Great Gap written by Merike Blofield and published by Penn State Press. This book was released on 2015-08-21 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between socioeconomic inequality and democratic politics has been one of the central questions in the social sciences from Aristotle on. Recent waves of democratization, combined with deepened global inequalities, have made understanding this relationship ever more crucial. In The Great Gap, Merike Blofield seeks to contribute to this understanding by analyzing inequality and politics in the region with the highest socioeconomic inequalities in the world: Latin America. The chapters, written by prominent scholars in their fields, address the socioeconomic context and inequality of opportunities; elite culture, public opinion, and media framing; capital mobility, campaign financing, representation, and gender equality policies; and taxation and social policies. Aside from the editor, the contributors are Pablo Alegre, Maurício Bugarin, Daniela Campello, Anna Crespo, Francisco H. G. Ferreira, Fernando Filgueira, Liesl Haas, Sallie Hughes, Juan Pablo Luna, James E. Mahon Jr., Juliana Martínez Franzoni, Adriana Cuoco Portugal, Paola Prado, Elisa P. Reis, Luis Reygadas, Sergio Naruhiko Sakurai, and Koen Voorend.

Left Behind

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Publisher : World Bank Publications
ISBN 13 : 1464806616
Total Pages : 156 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Left Behind by : Renos Vakis

Download or read book Left Behind written by Renos Vakis and published by World Bank Publications. This book was released on 2016-07-26 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: One out of every five Latin Americans or around 130 million people have never known anything but poverty, subsisting on less than US$4-a-day throughout their lives. These are the region ́s chronically poor, who have remained so despite unprecedented inroads against poverty in Latin America and the Caribbean since the turn of the century. Left Behind: Chronic Poverty in Latin America and the Caribbean takes a closer look at the region’s entrenched poor, who and where they are, and how existing policies need to change in order to effectively assist them. The book shows significant variations of rates of chronic poverty both across and within countries. Within a single country, some regions show incidence rates up to eight times higher than the lowest. Despite the higher rates of chronic poverty in rural areas, chronic poverty is as much an urban as a rural issue. In fact, considering absolute numbers, urban areas in many countries, including Chile, Brazil, Mexico, Colombia and the Dominican Republic, have more chronic poor than rural areas. Undoubtedly the region has come a long way during the decade in terms of poverty reduction, guided by a mix of sustained growth and increased levels in amounts and quality of public spending and programs targeted directly or indirectly to the chronic poor. While improving endowments and the context where the chronic poor live is a necessary condition going forward, the decade’s experience suggests that it may not be enough to reach the chronic poor. The book posits that refinements to the existing policy toolkit †“ as opposed to more programs †“ may come a long way in helping the remaining poor. These refinements include intensifying efforts to improve coordination between different social and economic programs, which can boost the income generation process and deal with the intergenerational transmission of chronic poverty by investing in early childhood development. Equally important though, there is an urgent need to adapt programs to directly address the psychological toll of chronic poverty on people’s mindset and aspirations, which currently undermines the effectiveness of the existing policy efforts.

What is Behind Latin America’s Declining Income Inequality?

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498378587
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis What is Behind Latin America’s Declining Income Inequality? by : Ms.Evridiki Tsounta

Download or read book What is Behind Latin America’s Declining Income Inequality? written by Ms.Evridiki Tsounta and published by International Monetary Fund. This book was released on 2014-07-15 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the world. This study documents the declining trend in income inequality in Latin America and proposes various reasons behind this important development. Using a panel econometric analysis for a large group of emerging and developing countries, we find that the Kuznets curve holds. Notwithstanding the limitations in the dataset and of cross-country regression analysis more generally, our results suggest that almost two-thirds of the recent decline in income inequality in Latin America is explained by policies and strong GDP growth, with policies alone explaining more than half of this total decline. Higher education spending is the most important driver, followed by stronger foreign direct investment and higher tax revenues. Results suggest that policies and to some extent positive growth dynamics could play an important role in lowering inequality further.

How’s Life in Latin America? Measuring Well-being for Policy Making

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Publisher : OECD Publishing
ISBN 13 : 9264685936
Total Pages : 366 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis How’s Life in Latin America? Measuring Well-being for Policy Making by : OECD

Download or read book How’s Life in Latin America? Measuring Well-being for Policy Making written by OECD and published by OECD Publishing. This book was released on 2021-10-28 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Latin American countries have experienced improvements in income over recent decades, with several of them now classified as high-income or upper middle-income in terms of conventional metrics. But has this change been mirrored in improvements across the different areas of people’s lives? How’s Life in Latin America? Measuring Well-being for Policy Making addresses this question by presenting comparative evidence for Latin America and the Caribbean (LAC) with a focus on 11 LAC countries (Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Paraguay, Peru and Uruguay).

World Social Report 2020

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Publisher : United Nations
ISBN 13 : 9210043677
Total Pages : 216 pages
Book Rating : 4.2/5 (1 download)

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Book Synopsis World Social Report 2020 by : Department of Economic and Social Affairs

Download or read book World Social Report 2020 written by Department of Economic and Social Affairs and published by United Nations. This book was released on 2020-02-14 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. The analysis pays particular attention to poverty and labour market trends, as they mediate the distributional impacts of the major trends selected. It also provides policy recommendations to manage these megatrends in an equitable manner and considers the policy implications, so as to reduce inequalities and support their implementation.