Inequality in Latin America : Determinants and Consequences

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...

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Bibliographic Details
Main Authors: Lopez, J. Humberto, Perry, Guillermo
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
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
http://hdl.handle.net/10986/6368
id okr-10986-6368
recordtype oai_dc
spelling okr-10986-63682021-04-23T14:02:31Z Inequality in Latin America : Determinants and Consequences Lopez, J. Humberto Perry, Guillermo 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 http://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 World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Latin America
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic 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
Lopez, J. Humberto
Perry, Guillermo
Inequality in Latin America : Determinants and Consequences
geographic_facet Latin America & Caribbean
Latin America
relation Policy Research Working Paper; No. 4504
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.
format Publications & Research :: Policy Research Working Paper
author Lopez, J. Humberto
Perry, Guillermo
author_facet Lopez, J. Humberto
Perry, Guillermo
author_sort Lopez, J. Humberto
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 2012
url http://documents.worldbank.org/curated/en/2008/02/8983398/inequality-latin-america-determinants-consequences
http://hdl.handle.net/10986/6368
_version_ 1764400232864415744

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