Inequality in Latin America : Determinants and Consequences
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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| Language: | English |
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World Bank, Washington, DC
2008-02
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| Subjects: | EDUCATION, EFFECT ON GROWTH, IMPROVING ASSET DISTRIBUTION, INCOME INEQUALITY, INCOME REDISTRIBUTION, OUTPUT VOLATILITY, TAXES AND TRANSFERS, |
| Online Access: | http://documents.worldbank.org/curated/en/2008/02/8983398/inequality-latin-america-determinants-consequences https://hdl.handle.net/10986/6368 |
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dig-okr-1098663682024-08-08T16:48:12Z Inequality in Latin America : Determinants and Consequences Perry, Guillermo Lopez, J. Humberto EDUCATION EFFECT ON GROWTH IMPROVING ASSET DISTRIBUTION INCOME INEQUALITY INCOME REDISTRIBUTION OUTPUT VOLATILITY TAXES AND TRANSFERS 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. 2012-05-24T18:13:57Z 2012-05-24T18:13:57Z 2008-02 http://documents.worldbank.org/curated/en/2008/02/8983398/inequality-latin-america-determinants-consequences https://hdl.handle.net/10986/6368 English Policy Research Working Paper; No. 4504 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
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| countrycode |
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| component |
Bibliográfico |
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| databasecode |
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| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English |
| topic |
EDUCATION EFFECT ON GROWTH IMPROVING ASSET DISTRIBUTION INCOME INEQUALITY INCOME REDISTRIBUTION OUTPUT VOLATILITY TAXES AND TRANSFERS EDUCATION EFFECT ON GROWTH IMPROVING ASSET DISTRIBUTION INCOME INEQUALITY INCOME REDISTRIBUTION OUTPUT VOLATILITY TAXES AND TRANSFERS |
| spellingShingle |
EDUCATION EFFECT ON GROWTH IMPROVING ASSET DISTRIBUTION INCOME INEQUALITY INCOME REDISTRIBUTION OUTPUT VOLATILITY TAXES AND TRANSFERS EDUCATION EFFECT ON GROWTH IMPROVING ASSET DISTRIBUTION INCOME INEQUALITY INCOME REDISTRIBUTION OUTPUT VOLATILITY TAXES AND TRANSFERS Perry, Guillermo Lopez, J. Humberto Inequality in Latin America : Determinants and Consequences |
| description |
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. |
| topic_facet |
EDUCATION EFFECT ON GROWTH IMPROVING ASSET DISTRIBUTION INCOME INEQUALITY INCOME REDISTRIBUTION OUTPUT VOLATILITY TAXES AND TRANSFERS |
| author |
Perry, Guillermo Lopez, J. Humberto |
| author_facet |
Perry, Guillermo Lopez, J. Humberto |
| author_sort |
Perry, Guillermo |
| title |
Inequality in Latin America : Determinants and Consequences |
| title_short |
Inequality in Latin America : Determinants and Consequences |
| title_full |
Inequality in Latin America : Determinants and Consequences |
| title_fullStr |
Inequality in Latin America : Determinants and Consequences |
| title_full_unstemmed |
Inequality in Latin America : Determinants and Consequences |
| title_sort |
inequality in latin america : determinants and consequences |
| publisher |
World Bank, Washington, DC |
| publishDate |
2008-02 |
| url |
http://documents.worldbank.org/curated/en/2008/02/8983398/inequality-latin-america-determinants-consequences https://hdl.handle.net/10986/6368 |
| work_keys_str_mv |
AT perryguillermo inequalityinlatinamericadeterminantsandconsequences AT lopezjhumberto inequalityinlatinamericadeterminantsandconsequences |
| _version_ |
1807159258938081280 |