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- DescriptionLatin 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 L�pez-Calva and Nora Lustig, a panel of distinguished ecomists 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 ecomy of redistribution, and the evolution of income inequality in the advanced industrialized ecomies. 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.
- Author BiographyLuis F. L�pez-Calva is chief economist at the Regional Bureau of Latin America and the Caribbean of the United Nations Development Programme (UNDP). Nora Lustig is Samuel Z. Stone Professor of Latin American Economics at Tulane University and a nonresident fellow at the Center for Global Development and the Inter- American Dialogue in Washington, D.C., USA.
- PublisherBrookings Institution
- Date of Publication28/05/2010
- SubjectEconomics: Professional & General
- Place of PublicationWashington DC
- Country of PublicationUnited States
- ImprintBrookings Institution
- Content NoteIllustrations
- Weight386 g
- Width152 mm
- Height229 mm
- Spine18 mm
- Edited byLuis Felipe Lopez-Calva,Nora Claudia Lustig
- Format DetailsTrade paperback (US)
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