Equity in Latin America Since the 1990s
AbstractThis paper deals with the social welfare consequences of the stagnation of Latin American growth per capita during the far-reaching economic and social changes that took place during the period 1980-2003. This period of transformation saw large-scale foreign actors gradually increase their economic and political power in Latin America, with negative consequences for domestic economies, especially in terms of increasing income inequality and rising poverty. The only major tendency mitigating these adverse trends was an increase in public expenditure in the social sector during the 1990s, which offset, but did not eliminate, the increased inequality associated with the economic transformation.
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Bibliographic InfoPaper provided by United Nations, Department of Economics and Social Affairs in its series Working Papers with number 22.
Date of creation: Jun 2006
Date of revision:
Latin America; economic change; poverty; income distribution; social policy; health; education;
Find related papers by JEL classification:
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
- I28 - Health, Education, and Welfare - - Education - - - Government Policy
- I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-08-19 (All new papers)
- NEP-HIS-2006-08-19 (Business, Economic & Financial History)
- NEP-LAM-2006-08-19 (Central & South America)
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