Inequality In Latin America Determinants And Consequences
Inequality In Latin America: Determinants And Consequences

Latin America is together with Sub-Saharan Africa the most unequal region of the world. This paper documents recent inequality trends in the Latin American region, going beyond traditional measures of income inequality. The paper also reviews some of the explanations that have been put forward to un...

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Bibliographische Detailangaben
1. Verfasser: Lopez, J. Humberto (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2008
Schlagworte:
Average income
Economic Conditions and Volatility
Economic Theory and Research
Gini coefficient
Impact of inequality
Income
Income inequality
Inequality
Inequality trends
Macroeconomics and Economic Growth
Output volatility
Policy ReseaRch
Poverty Reduction
Poverty levels
Pro-Poor Growth
Rural Development
Rural Poverty Reduction
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Zusammenfassung:Latin America is together with Sub-Saharan Africa the most unequal region of the world. This paper documents recent inequality trends in the Latin American region, going beyond traditional measures of income inequality. The paper also reviews some of the explanations that have been put forward to understand the current situation, and discusses why reducing income inequality should be an important policy priority. In particular, the authors discuss channels through which inequality can affect growth and output volatility. On the whole, the analysis suggests a two-pronged approach to reduce inequality in the region that combines policies aimed at improving the distribution of assets (especially education) with elements aimed at improving the capacity of the state to redistribute income through taxes and transfers
Beschreibung:Weitere Ausgabe: Lopez, J. Humberto: Inequality In Latin America
Beschreibung:1 Online-Ressource (1 online resource (41 p.))
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