Income inequality in Latin America. Recent decline and prospects for its further reduction

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/L.3847
cepal.divisionEngEconomic Development Division
cepal.divisionSpaDivisión de Desarrollo Económico
cepal.docTypeSeries
cepal.idSade53329
cepal.jobNumberS2014361
cepal.physicalDescriptiongráficos
cepal.projectProyecto Pacto Fiscal para el Crecimiento con Igualdad
cepal.regionalOfficeSantiago
cepal.topicEngINEQUALITY
cepal.topicEngINCOME DISTRIBUTION
cepal.topicSpaDISTRIBUCIÓN DEL INGRESO
cepal.topicSpaDESIGUALDAD
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaDESARROLLO SOCIAL
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorCornia, Giovanni Andrea
dc.contributor.institutionGerman Society for International Cooperation
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-07-18T16:51:52Z
dc.date.available2014-07-18T16:51:52Z
dc.date.issued2014-07
dc.descriptionIncluye bibliografía.
dc.description.abstractThe paper reviews the extent of the income inequality decline which has taken place in Latin America over 2002-2010 which reduced the regional Gini index to the level of the early 1980s. The paper then focuses on the factors which may explain such decline. These include a drop in the skill premium following an expansion of secondary education, the adoption of a new development model by a growing number of progressive governments which adopted prudent but more equitable macroeconomic, tax, social assistance and labor policies. For the region as a whole, gains in terms of trade, remittances, FDI and world growth played an important but not determinant role though their impact was perceptible in countries where such shocks were sizeable. Finally, the paper reviews the changes in inequality during the difficult years 2009-2012 and discusses whether and how the recent decline can be sustained over the next decade in the context of sluggish world growth.
dc.description.tableOfContentsAbstract .-- I. Secular trends in income inequality .-- II. Underlying causes of the decline of income inequality over 2002-2010 .-- III. Regression analysis .-- IV. Inequality during the crisis of 2008-2012 and prospects for its further reduction.
dc.formatTexto
dc.format.extent43 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/L.3847
dc.identifier.urihttps://hdl.handle.net/11362/36852
dc.language.isoeng
dc.physicalDescription43 p.; grafs.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Macroeconomía del Desarrollo
dc.relation.isPartOfSeriesNo149
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngINCOME DISTRIBUTION
dc.subject.unbisEngMEASUREMENT
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaDISTRIBUCION DEL INGRESO
dc.subject.unbisSpaMEDICION
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.titleIncome inequality in Latin America. Recent decline and prospects for its further reduction
dc.type.coarlibro
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