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Decreasing Inequality Under Latin America’s “Social Democratic” and “Populist” Governments: Is the Difference Real?

Author

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  • Juan A. Montecino

Abstract

This paper addresses the claim that the governments of Argentina, Bolivia, Ecuador and Venezuela, Latin America’s so-called “left-populist” governments, have failed to effectively reduce inequality in the 2000s and have only benefitted from high commodity prices and other benign external conditions. In particular, it examines the econometric evidence presented by McLeod and Lustig (2011) that the “social democratic” governments of Brazil, Chile and Uruguay were more successful and finds that their original results are highly sensitive to the use of data from the Socioeconomic Database for Latin America and the Caribbean (SEDLAC).

Suggested Citation

  • Juan A. Montecino, 2011. "Decreasing Inequality Under Latin America’s “Social Democratic” and “Populist” Governments: Is the Difference Real?," CEPR Reports and Issue Briefs 2011-22, Center for Economic and Policy Research (CEPR).
  • Handle: RePEc:epo:papers:2011-22
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    File URL: http://www.cepr.net/index.php/publications/reports/decreasing-inequality-under-latin-americas-social-democratic-and-populist-governments
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    References listed on IDEAS

    as
    1. Congressional Budget Office, 2011. "CBO's 2011 Long-Term Projections for Social Security: Additional Information," Reports 41644, Congressional Budget Office.
    2. Shawn Fremstad, 2010. "A Modern Framework for Measuring Poverty and Basic Economic Security," CEPR Reports and Issue Briefs 2010-12, Center for Economic and Policy Research (CEPR).
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    Cited by:

    1. David Rosnick & Mark Weisbrot, 2014. "Latin American Growth in the 21st Century: The 'Commodities Boom' That Wasn't," CEPR Reports and Issue Briefs 2014-09, Center for Economic and Policy Research (CEPR).

    More about this item

    Keywords

    inequality; latin america;

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F - International Economics
    • F2 - International Economics - - International Factor Movements and International Business
    • O - Economic Development, Innovation, Technological Change, and Growth
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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