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Chronicle of a Deceleration Foretold: Income inequality in Latin America in the 2010s

Author

Listed:
  • Leonardo Gasparini

    (CEDLAS - UNLP y CONICET)

  • Guillermo Cruces

    (CEDLAS - UNLP y CONICET)

  • Leopoldo Tornarolli

    (CEDLAS - UNLP y CONICET)

Abstract

After a decade of strong progress toward the goal of reducing the high levels of income disparities, there are clear signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the result of two set of reasons. First, several of the driving factors of the fall in inequality in the 2000s have lost strength, due to “natural” motives; and second, the external conditions faced by the Latin American economies have worsened in the early 2010s, making further reductions in inequality more difficult.

Suggested Citation

  • Leonardo Gasparini & Guillermo Cruces & Leopoldo Tornarolli, 2016. "Chronicle of a Deceleration Foretold: Income inequality in Latin America in the 2010s," CEDLAS, Working Papers 0198, CEDLAS, Universidad Nacional de La Plata.
    • Handle: RePEc:dls:wpaper:0198
    as

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    File URL: http://cedlas.econo.unlp.edu.ar/archivos_upload/doc_cedlas198.pdf
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    References listed on IDEAS

    as
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    1. Chronicle of a Deceleration Foretold: Income inequality in Latin America in the 2010s
      by maximorossi in NEP-LTV blog on 2016-07-21 23:14:39

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    Cited by:

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    2. Pessino, Carola & Izquierdo, Alejandro & Vuletin, Guillermo, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152, April.
    3. Evans, Alice, 2018. "Politicising inequality: The power of ideas," World Development, Elsevier, vol. 110(C), pages 360-372.

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    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J82 - Labor and Demographic Economics - - Labor Standards - - - Labor Force Composition
    • N36 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Latin America; Caribbean

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