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Inequality in Latin America : determinants and consequences Author info | Abstract | Publisher info | Download info | Related research | Statistics Lopez , J. Humberto
Perry, Guillermo
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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.
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Paper provided by The World Bank in its series Policy Research Working Paper Series with number
4504.
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Date of creation: 01 Feb 2008Date of revision:
Handle: RePEc:wbk:wbrwps:4504Contact details of provider: Postal: 1818 H Street, N.W., Washington, DC 20433 Email: Web page: http://www.worldbank.org/ More information through EDIRC
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Keywords: Inequality ; Rural Poverty Reduction ; Economic Conditions and Volatility ; Achieving Shared Growth ; Poverty Impact Evaluation ; Other versions of this item:
This paper has been announced in the following NEP Reports :
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