Decreasing Inequality Under Latin America’s “Social Democratic” and “Populist” Governments: Is the Difference Real?
AbstractThis paper addresses the claim that the governments of Argentina, Bolivia, Ecuador and Venezuela, Latin America’s so-called “left-populist” governments, have failed to effectively reduce inequality in the 2000s and have only benefitted from high commodity prices and other benign external conditions. In particular, it examines the econometric evidence presented by McLeod and Lustig (2011) that the “social democratic” governments of Brazil, Chile and Uruguay were more successful and finds that their original results are highly sensitive to the use of data from the Socioeconomic Database for Latin America and the Caribbean (SEDLAC).
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Bibliographic InfoPaper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2011-22.
Length: 16 pages
Date of creation: Oct 2011
Date of revision:
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inequality; latin america;
Find related papers by JEL classification:
- E - Macroeconomics and Monetary Economics
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- F - International Economics
- F2 - International Economics - - International Factor Movements and International Business
- O - Economic Development, Technological Change, and Growth
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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