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The Impact of Inequality in Latin America

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Author Info
Patricia Justino () (Poverty Research Unit at Sussex, Department of Economics, University of Sussex)
Julie Litchfield () (Poverty Research Unit at Sussex, Department of Economics, Universtity of Sussex)
Laurence Whitehead () (Centre for Mexican Studies and Nuffield College, University of Oxford)

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Abstract

This paper examines the impact of inequality on poor people in Latin America. It is argued that development policies in Latin America and other developing regions should focus not only on eliminating poverty and deprivation but also on preventing and reducing inequality. By inequality we refer not only to differences in income or consumption between population groups but also to divergences in the access to social and political rights (education, health care, voting, and so on). Although conceptually related, poverty and inequality are two distinct phenomena and it is possible that falls in poverty may be accompanied by increases in inequality and vice-versa. In fact, many Latin America countries have experienced the former in recent years. In the long-term, however, persistent inequalities as those observed in the Latin America region will undermine efforts to reduce poverty and destitution due to the emergence of poverty traps caused by the impossibility of economic and social mobility of certain population groups. This will have important consequences for the challenge of achieving the Millennium Development Goal of halving poverty worldwide by 2015. In addition, persistently high inequalities will also impact negatively on crucial economic, social and political variables and will thus seriously undermine the success of any development strategies.

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Publisher Info
Paper provided by Poverty Research Unit at Sussex, University of Sussex in its series PRUS Working Papers with number 21.

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Length: 86 pages
Date of creation: Apr 2003
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Handle: RePEc:pru:wpaper:21

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Related research
Keywords: Inequality; poverty; developing countries; Latin America;

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  1. Guisan, M.C. & Aguayo, E., 2007. "Health Expenditure, Poverty and Economic Development in Latin America 2000-2005," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 4(2), pages 5-24. [Downloadable!]
  2. Patricia Justino, 2003. "Social Security in Developing Countries: Myth or Necessity? Evidence from India," PRUS Working Papers 20, Poverty Research Unit at Sussex, University of Sussex. [Downloadable!]
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