IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v17y1997i3p358-383id1175.html
   My bibliography  Save this article

Neoliberalism and income distribution in Latin America

Author

Listed:
  • Werner Baer
  • William Maloney

Abstract

This paper reviews the principal neo-liberal policy measures instituted in LatinAmerica in the last decade and their impact on equity. It first emphasizes the difficulty ofseparating the impact of liberalization measures from the necessary fiscal adjustments of the1980s, and their transitional vs long run effects, and then places the observed movements indistribution in global and historical context. The second part places several innovations ofneo-liberal regimes in historical perspective and argues that their overall impact is unlikelyto be regressive, and that previous regimes were probably not especially progressive. Overthe long run, developments in factor markets are likely to be of overriding importance – thedemand side, driven by reoriented industrial growth and the increasing importance of theservice sector, interacting with the relative supplies of skilled and unskilled labor – are likelyto be of overriding importance in determining the evolution of the distribution of income. JEL Classification: F62; F66; O11.

Suggested Citation

  • Werner Baer & William Maloney, 1997. "Neoliberalism and income distribution in Latin America," Brazilian Journal of Political Economy, Center of Political Economy, vol. 17(3), pages 358-383.
    • Handle: RePEc:ekm:repojs:v:17:y:1997:i:3:p:358-383:id:1175
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1175/1160
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Honkatukia, Juha, 2005. "Emission trade and the electricity markets," Conference papers 331379, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    More about this item

    Keywords

    Neoliberalism; liberalization; globalization; income distribution;
    All these keywords.

    JEL classification:

    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:17:y:1997:i:3:p:358-383:id:1175. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.