Declining inequality in Latin America : a decade of progress?
Author(s)
Bibliographic Information
Declining inequality in Latin America : a decade of progress?
United Nations Development Programme , Brookings Institution Press, c2010
- : pbk
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Library, Institute of Developing Economies, Japan External Trade Organization図
: pbkL||339.2||D117561887
Note
Includes bibliographical references and index
Description and Table of Contents
Description
Latin America is often singled out for its high and persistent income inequality. Toward the end of the 1990s, however, income concentration began to fall across the region. Of the seventeen countries for which comparable data are available, twelve have experienced a decline, particularly since 2000. This book is among the first efforts to understand what happened in these countries and why.
Led by editors Felipe Lopez-Calva and Nora Lustig, a panel of distinguished economists undertakes in-depth analyses of Argentina, Brazil, Mexico, and Peru. In addition, they provide essential background in the form of overviews of the relationship between markets and inequality, the political economy of redistribution, and the evolution of income inequality in the advanced industrialized economies. Two factors account for much of the decline in inequality: a decrease in the wage gap between skilled and low-skilled labor, and an increase in government transfers targeted to the poor.
Thanks to the timeliness and sophistication of these essays, Declining Inequality in Latin America is likely to become a standard reference in its field.
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