Stylized Facts of Income Distribution in Five Countries of Latin America and General Guidelines for a Redistributive Policy

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Stylized Facts of Income Distribution in Five Countries of Latin America and General Guidelines for a Redistributive Policy by : Luis Felipe Jiménez L.

Download or read book Stylized Facts of Income Distribution in Five Countries of Latin America and General Guidelines for a Redistributive Policy written by Luis Felipe Jiménez L. and published by . This book was released on 1998 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Redistribution and Income Inequality in Latin America

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4./5 ( download)

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Book Synopsis Fiscal Redistribution and Income Inequality in Latin America by : Edwin Goni

Download or read book Fiscal Redistribution and Income Inequality in Latin America written by Edwin Goni and published by World Bank Publications. This book was released on 2008 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Income inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of the state. This paper documents the performance of Latin American fiscal systems from the perspective of income redistribution using newly-available information on the incidence of taxes and transfers across the region. The findings indicate that: (i) the differences in income inequality before taxes and transfers between Latin America and Western Europe are much more modest than those after taxes and transfers; (ii) the key reason is that, in contrast with industrial countries, in most Latin American countries the fiscal system is of little help in reducing income inequality; and (iii) in countries where fiscal redistribution is significant, it is achieved mostly through transfers rather than taxes. These facts stress the need for fiscal reforms across the region to further the goal of social equity. However, different countries need to place different relative emphasis on raising tax collection, restructuring the tax system, and improving the targeting of expenditures.

Income Inequality and Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Income Inequality and Economic Growth by : Fernando Andrés Delbianco

Download or read book Income Inequality and Economic Growth written by Fernando Andrés Delbianco and published by . This book was released on 2015 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the relationship between the inequality of income distribution and the economic growth of 20 Latin American and Caribbean countries during the 1980-2010 period. The study shows that the features of his relationship depend on the income level. In general, inequality is harmful to economic growth. However, when it comes to the upper tail of the richer countries' income distribution, higher inequality encourages economic growth and the relation becomes positive. Thus, contrary to the economic policy recommendations for the richer countries, our evidence suggests that progressive redistributive policies in favor of poorer layers of population promote economic growth in lower income economies.

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.

Facing Up to Inequality in Latin America

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Publisher : IDB
ISBN 13 : 1886938369
Total Pages : 279 pages
Book Rating : 4.8/5 (869 download)

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Book Synopsis Facing Up to Inequality in Latin America by : Inter-American Development Bank

Download or read book Facing Up to Inequality in Latin America written by Inter-American Development Bank and published by IDB. This book was released on 1998 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical appendix: pp. 203-282.

Fiscal Redistribution and Income Inequality in Latin America

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Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Fiscal Redistribution and Income Inequality in Latin America by : Edwin Goni

Download or read book Fiscal Redistribution and Income Inequality in Latin America written by Edwin Goni and published by . This book was released on 2016 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of the state. This paper documents the performance of Latin American fiscal systems from the perspective of income redistribution using newly-available information on the incidence of taxes and transfers across the region. The findings indicate that: (i) the differences in income inequality before taxes and transfers between Latin America and Western Europe are much more modest than those after taxes and transfers; (ii) the key reason is that, in contrast with industrial countries, in most Latin American countries the fiscal system is of little help in reducing income inequality; and (iii) in countries where fiscal redistribution is significant, it is achieved mostly through transfers rather than taxes. These facts stress the need for fiscal reforms across the region to further the goal of social equity. However, different countries need to place different relative emphasis on raising tax collection, restructuring the tax system, and improving the targeting of expenditures.

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.

Potential Effects of Income Redistribution on Economic Growth: Latin American Cases

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Publisher : New York : Praeger Publishers, c1972, 1974 printing.
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Potential Effects of Income Redistribution on Economic Growth: Latin American Cases by : William R. Cline

Download or read book Potential Effects of Income Redistribution on Economic Growth: Latin American Cases written by William R. Cline and published by New York : Praeger Publishers, c1972, 1974 printing.. This book was released on 1972 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Causes and Consequences of Income Inequality

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Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Towards an Intelligent State

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Publisher : IOS Press
ISBN 13 : 9781586031909
Total Pages : 224 pages
Book Rating : 4.0/5 (319 download)

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Book Synopsis Towards an Intelligent State by : Bernardo Kliksberg

Download or read book Towards an Intelligent State written by Bernardo Kliksberg and published by IOS Press. This book was released on 2001 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the role that the State can play in relation to new social challenges. Includes discussions of community participation in development, the role of social and cultural capital in the development process and approaches to efficient social management. Suggests a move away from an omnipotent or minimal State towards a more integral one. Highlights the role the State can play in overcoming inequities and analyses the specific case of Latin America.

Policies for Reducing Income Inequality

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (67 download)

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Book Synopsis Policies for Reducing Income Inequality by : Giovanni Andrea Cornia

Download or read book Policies for Reducing Income Inequality written by Giovanni Andrea Cornia and published by . This book was released on 2010 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most Latin American countries, income inequality rose steadily during the 1980s and 1990s, and declined from 2002 to 2007. This paper analyzes the factors that could explain the changes to income inequality from 1990 to 2007, by focusing on external shocks and changes in domestic policies. Particular reference will be made to macroeconomic, educational and social policies introduced during recent years, and to the impact of the election of an increasing number of left-of-centre governments which have come to power during the last decade. This paper tests econometrically the importance of all these factors on data for 18 countries from 1990 to 1007. On the basis of this model, the paper estimates the income inequality level for the crisis years 2008 and 2009. The results suggest that a continuation of fiscally prudent distributive and redistributive policies, which have emerged in much of the region in the 2000s, should preserve most of the income inequality gains recorded in recent years.

How Redistributive is Fiscal Policy in Latin America?

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Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (858 download)

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Book Synopsis How Redistributive is Fiscal Policy in Latin America? by : Barbara Castelletti

Download or read book How Redistributive is Fiscal Policy in Latin America? written by Barbara Castelletti and published by . This book was released on 2013 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper looks at the incidence of fiscal policy on the income distribution for Chile and Mexico. Notably by broadening the income concept to account for in-kind benefits and taxes, this paper provides a full picture of the effect of fiscal policy on reducing income inequality. The contrast between the estimates for Chile and Mexico and the rest of OECD countries provides an overall snapshot of income distribution of high inequality countries vis-à-vis advanced economies. The breakdown of the Gini coefficient at a detailed level of policy instruments also enables us to identify the main channels of income inequality reduction and shows how these results differ across countries. Our results for Chile and Mexico suggest that fiscal policy significantly benefits the poorest income groups, mainly through in-kind services such as education and health care. Nevertheless, when compared with outcomes in high-income countries, the effectiveness of fiscal policy in reducing inequality is still limited. Cash transfers (especially those for old-age programmes), direct taxation and, to some extent, a higher market inequality are the main factors behind this difference.

Redistribution, Inequality, and Growth

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Publisher : International Monetary Fund
ISBN 13 : 1484397657
Total Pages : 30 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry

Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

Redistributing Care

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Publisher : UN
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Redistributing Care by : Coral Calderón Magaña

Download or read book Redistributing Care written by Coral Calderón Magaña and published by UN. This book was released on 2013 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication offers a representative sample of the thinking developed over recent years in relation to time use, time-use measurement and related policies in Latin America. The issue of care and its importance and meaning have become part of the gender agenda in the region, especially since the tenth session of the Region Conference on Women in Latin America and the Caribbean, held in Quito in 2007.

Economic and Social Progress in Latin America

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Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Economic and Social Progress in Latin America by : Inter-American Development Bank

Download or read book Economic and Social Progress in Latin America written by Inter-American Development Bank and published by . This book was released on 1998 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income, Inequality, and Poverty During the Transition from Planned to Market Economy

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Publisher : World Bank Publications
ISBN 13 : 9780821339947
Total Pages : 256 pages
Book Rating : 4.3/5 (399 download)

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Book Synopsis Income, Inequality, and Poverty During the Transition from Planned to Market Economy by : Branko Milanovi?

Download or read book Income, Inequality, and Poverty During the Transition from Planned to Market Economy written by Branko Milanovi? and published by World Bank Publications. This book was released on 1998 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.

Income Inequality in Small States and the Caribbean: Stylized Facts and Determinants

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Publisher : International Monetary Fund
ISBN 13 : 1513569473
Total Pages : 22 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Income Inequality in Small States and the Caribbean: Stylized Facts and Determinants by : Arnold McIntyre

Download or read book Income Inequality in Small States and the Caribbean: Stylized Facts and Determinants written by Arnold McIntyre and published by International Monetary Fund. This book was released on 2021-02-12 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and deeper economic integration including financial market openness is associated with lower income inequality, whereas elevated debt levels limit fiscal space and are associated with higher income inequality. An important policy implication is that well targeted social sector spending aimed at improving education and health indicators will support increased redistribution and reduce income inequality.