Poverty, Economic Reform, and Income Distribution in Latin America

Poverty, Economic Reform, and Income Distribution in Latin America PDF Author: Albert Berry
Publisher:
ISBN: 9781685856205
Category : POLITICAL SCIENCE
Languages : en
Pages : 0

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Book Description
The authors address the causes and consequences of the recent worsening of income distribution in Latin America.

Poverty, Economic Reform, and Income Distribution in Latin America

Poverty, Economic Reform, and Income Distribution in Latin America PDF Author: Albert Berry
Publisher:
ISBN: 9781685856205
Category : POLITICAL SCIENCE
Languages : en
Pages : 0

Get Book

Book Description
The authors address the causes and consequences of the recent worsening of income distribution in Latin America.

Poverty and Income Distribution in Latin America

Poverty and Income Distribution in Latin America PDF Author: George Psacharopoulos
Publisher: World Bank Publications
ISBN: 9780821338315
Category : Social Science
Languages : en
Pages : 328

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Book Description
"Highly empirical analysis documents increase in poverty and worsening of income distribution during 1980s. Demonstrates that low levels of education increase incidence of poverty and income inequality. Data provided for individual countries. Valuable data reference source"--Handbook of Latin American Studies, v. 57.

The New Economic Model in Latin America and Its Impact on Income Distribution and Poverty

The New Economic Model in Latin America and Its Impact on Income Distribution and Poverty PDF Author: Victor Bulmer-Thomas
Publisher: Springer
ISBN: 1349245208
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
The economies of Latin America have undergone a deep process of change in the last decade as a result of the application of major reforms. The outcome can be fairly described as a New Economic Model. This New Economic Model is distinguished from its predecessor, in force before the 1980s debt crisis, by an emphasis on market forces and export-led growth. This book explores the main features of the New Economic Model in Latin America and, through analysis of the reform process and case studies, examines its impact on income distribution and poverty.

Economic Reforms, Growth and Inequality in Latin America

Economic Reforms, Growth and Inequality in Latin America PDF Author: Gustavo Indart
Publisher: Routledge
ISBN: 1351159356
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
Originally published in 2004. Growth, income distribution, and labour markets are issues of pivotal importance in the Latin American context. Examining unique theoretical issues and the empirical evidence, this book provides a critical analysis of the key elements of income distribution determinants, labour market functions, trade policies, and their interrelations. As the advance of globalization becomes seemingly unstoppable, this book provides an important reappraisal of the impact of this new phenomenon, and in particular, the pernicious impact it may have on income growth and distribution. The key objective of the volume is to integrate more fully the analysis of trade and labour market economists, in order to better understand the labour market and income distribution implications of globalization and international integration. Forty years after the early calls to appropriately investigate the micro foundations of macroeconomics, the separation of the two at the policy level is more damaging than ever before - particularly for developing regions; this volume therefore makes an important contribution at the theoretical and policy levels by bringing together macroeconomic and microeconomic analyses.

Commodity Cycles, Inequality, and Poverty in Latin America

Commodity Cycles, Inequality, and Poverty in Latin America PDF Author: Mr. Ravi Balakrishnan
Publisher: International Monetary Fund
ISBN: 1484326091
Category : Business & Economics
Languages : en
Pages : 123

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Book Description
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.

Coping with Austerity

Coping with Austerity PDF Author: Nora Claudia Lustig
Publisher: Brookings Institution Press
ISBN: 9780815708025
Category : Business & Economics
Languages : en
Pages : 492

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Book Description
Concern about the pervasiveness of poverty and income inequality in Latin America goes beyond the issue of social justice. The persistence of mass poverty and inequality pits different social groups against one another and leads to a polarization that makes consistent economic policy formation difficult. National productivity may also suffer in economies with poorly educated workforces lacking adequate health care. Statistics on poverty and inequality in Latin America are rudimentary and often conflicting. Yet it is known that poverty became more widespread in the region during the last decade as it experienced economic decline. About 180 million people, or two out of every five in the area, are now living in poverty—some 50 million more than in 1980. It is also known that income and wealth are far more unequally distributed in Latin America than in most other developing regions. This book provides a much-needed assessment of how poverty, inequality, and social indicators have fared in several Latin American countries over the past decade. Experts from Latin America and the U.S. focus attention on the extent of poverty and inequality and how they have been affected by the debt crisis and adjustment of the 1980s. They explain that issues of poverty and inequality were neglected as governments in Latin America struggled to restore stability and growth to their economies. Social sector spending declined sharply, affecting both the quality and quantity of services provided. The contributors examine how poverty and inequality are—or are not—being addressed in each country. They also explore the viability of alternative approaches to combating poverty and reducing inequality. They explain that virtually no one denies that governments must take a leading role in the provision of health, education, and other social services. Yet there are sharp debates--over the compatibility of social spending with economic adjustment and stabilization; the priority of social expenditures in relation to other governmental spending; the allocation of funds among different social programs; who should, and should not, benefit; and who should pay the costs. They show that the poor and middle sectors had to pay dearly because their governments, the international community, and the families themselves were not prepared to deal with austerity. The book contains eleven chapters by contributors from universities and research institutions in the U.S. and Latin America, as well as from international financial organizations. It is the result of a project cosponsored by Inter-American Dialogue.

Who Gains from Free Trade

Who Gains from Free Trade PDF Author: Rob Vos
Publisher: Routledge
ISBN: 1135987017
Category : Business & Economics
Languages : en
Pages : 476

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Book Description
The issue of the pros and cons of free trade from the point of view of developing countries refuses to dissipate, and in Latin America, the debate rages most fiercely. Argentina is still licking its wounds after a catastrophic past five years, and Brazil and others have hardened their line – even going so far as to initiate the influential new G20 group of the most powerful LDCs. Who Gains from Free Trade examines the extent to which trade reforms have been an important source of the slowdown of economic growth, rising inequality and rising poverty as observed in many parts of the region. This volume presents a comprehensive analysis of this important topic, utilizing: research based on sixteen country narratives of policy reform and economic performance rigorous general equilibrium (CGE) modelling of the economy-wide effects of trade reform for all country cases application of an innovative method of microsimulations to assess the employment and factor income distribution impact of policy reforms on poverty and inequality at the household level. This important study, a valuable resource for postgraduate students of development economics and political economy, examines all the current issues and brings together some of the world’s leading experts.

Poverty, Inequality and Migration in Latin America

Poverty, Inequality and Migration in Latin America PDF Author: Stephan Klasen
Publisher: Peter Lang
ISBN: 9783631573273
Category : Political Science
Languages : en
Pages : 296

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Book Description
Groups the papers under the headings "Growth and inequality", "Poverty", and "Trade, migration and income convergence". Looks at the consequences of high economic instability with recurrent economic and financial crises, particularly in the 1990s. Studies poverty determinants, and the role of trade and migration in generating, sustaining or reducing inequalities between and within the countries examined.

Overcoming Inequality in Latin America

Overcoming Inequality in Latin America PDF Author: Ricardo Gottschalk
Publisher: Routledge
ISBN: 1134230133
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Latin America is faced with the challenge of achieving the Millennium Developmental Goal to halve poverty in the region by 2015. Historically, this region has experienced persistently high levels of inequality and poverty, the causes and consequences of which are analytically examined here. Adopting a multidimensional approach, this informative book focuses on the mechanisms that lead to higher inequality and emphasizes the role of macroeconomics, trade rules, capital flows and the political electoral process. It analyzes how inequality has hindered development, how it interacts with a nation’s economic, social and political processes, and how inequality constrains these processes in ways that weakens the prospect of establishing and sustaining a dynamic, wealthy and creative society. An international team of specialist contributors investigate and explain these crucial issues. Examining the key economic policies and reforms which have exacerbated the region’s extremely high inequality levels, throughout this book they prescribe an alternative range of policy suggestions to help alleviate inequality and provide the foundations for more equitable development.

Patterns of Development in Latin America

Patterns of Development in Latin America PDF Author: John Sheahan
Publisher: Princeton University Press
ISBN: 069102264X
Category : Business & Economics
Languages : en
Pages : 411

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Book Description
In this major work an economist with long experience as an advisor in developing countries explores the conflict between market forces and political reform that has led straight into Latin America's most serious problems. John Sheahan addresses three central concerns: the persistence of poverty in Latin American countries despite rising national incomes, the connection between economic troubles and political repression, and the relationships between Latin America and the rest of the world in trade and finance, as well as overall dependence. His comprehensive explanation of why many Latin Americans identify open political systems with frustration and economic breakdown will interest not only economists but also a broad range of other social scientists. This is "political economy" in the classical sense of the word, establishing a clear connection between the political and economic realities of Latin America.