Wealth Development And Social Inequalities In Latin America


Wealth Development And Social Inequalities In Latin America
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Wealth Development And Social Inequalities In Latin America


Wealth Development And Social Inequalities In Latin America
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Author : Hans-Jürgen Burchardt
language : en
Publisher: Taylor & Francis
Release Date : 2023-09-15

Wealth Development And Social Inequalities In Latin America written by Hans-Jürgen Burchardt and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-15 with Political Science categories.


In this book, Hans-Jürgen Burchardt and Irene Lungo-Rodríguez lead a transdisciplinary team of experts to advance our understanding of wealth in Latin America. Combining conceptual discussions with empirical research, they analyze characteristics of wealth, and the implications for inequality. Three thematic sections provide a unique overarching structure to understand the economic, social, political, and cultural complexity of wealth. Questions examined include: What economic, institutional, and structural factors contribute to the excessive accumulation of wealth? What political dynamics promote the concentration of wealth and power? What type of social, political, and economic relations are generated in these contexts of extreme wealth concentration? What socio-cultural processes contribute to legitimizing and reproducing wealth? What are the local, regional, and national socio-ecological effects of these dynamics? Wealth, Development and Social Inequalities in Latin America provides thought-provoking reading for students and researchers alike who wish to look beyond the Global North for answers on the importance of studying wealth.



Wealth Development And Social Inequalities In Latin America


Wealth Development And Social Inequalities In Latin America
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Author :
language : en
Publisher:
Release Date : 2023

Wealth Development And Social Inequalities In Latin America written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with Equality categories.


In this book, Hans-Jrgen Burchardt and Irene Lungo-Rodrguez lead a transdisciplinary team of experts to advance our understanding of wealth in Latin America. Combining conceptual discussions with empirical research, they analyze characteristics of wealth, and the implications for inequality. Three thematic sections provide a unique overarching structure to understand the economic, social, political, and cultural complexity of wealth. Questions examined include: What economic, institutional, and structural factors contribute to the excessive accumulation of wealth? What political dynamics promote the concentration of wealth and power? What type of social, political, and economic relations are generated in these contexts of extreme wealth concentration? What socio-cultural processes contribute to legitimizing and reproducing wealth? What are the local, regional, and national socio-ecological effects of these dynamics? Wealth, Development and Social Inequalities in Latin America provides thought-provoking reading for students and researchers alike who wish to look beyond the Global North for answers on the importance of studying wealth.



Coping With Austerity


Coping With Austerity
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Author : Nora Claudia Lustig
language : en
Publisher: Brookings Institution Press
Release Date : 2010-12-01

Coping With Austerity written by Nora Claudia Lustig and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-01 with Business & Economics categories.


Concern about the pervasiveness of poverty and income inequality in Latin America goes beyond the issue of social justice. The persistence of mass poverty and inequality pits different social groups against one another and leads to a polarization that makes consistent economic policy formation difficult. National productivity may also suffer in economies with poorly educated workforces lacking adequate health care. Statistics on poverty and inequality in Latin America are rudimentary and often conflicting. Yet it is known that poverty became more widespread in the region during the last decade as it experienced economic decline. About 180 million people, or two out of every five in the area, are now living in poverty—some 50 million more than in 1980. It is also known that income and wealth are far more unequally distributed in Latin America than in most other developing regions. This book provides a much-needed assessment of how poverty, inequality, and social indicators have fared in several Latin American countries over the past decade. Experts from Latin America and the U.S. focus attention on the extent of poverty and inequality and how they have been affected by the debt crisis and adjustment of the 1980s. They explain that issues of poverty and inequality were neglected as governments in Latin America struggled to restore stability and growth to their economies. Social sector spending declined sharply, affecting both the quality and quantity of services provided. The contributors examine how poverty and inequality are—or are not—being addressed in each country. They also explore the viability of alternative approaches to combating poverty and reducing inequality. They explain that virtually no one denies that governments must take a leading role in the provision of health, education, and other social services. Yet there are sharp debates--over the compatibility of social spending with economic adjustment and stabilization; the priority of social expenditures in relation to other governmental spending; the allocation of funds among different social programs; who should, and should not, benefit; and who should pay the costs. They show that the poor and middle sectors had to pay dearly because their governments, the international community, and the families themselves were not prepared to deal with austerity. The book contains eleven chapters by contributors from universities and research institutions in the U.S. and Latin America, as well as from international financial organizations. It is the result of a project cosponsored by Inter-American Dialogue.



Inequality In Latin America


Inequality In Latin America
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Author : David M. De Ferranti
language : en
Publisher: World Bank Publications
Release Date : 2004-01-01

Inequality In Latin America written by David M. De Ferranti and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.


Latin America and the Caribbean has been one of the regions of the world with the greatest inequality. This book explores why the region suffers from such persistent inequality, identifies how it hampers development, and suggests ways to achieve greater equity in the distribution of wealth, incomes and opportunities. The study draws on data from 20 countries based on household surveys covering 3.6 million people, and reviews extensive economic, sociological and political science studies on inequality in Latin America. Four broad areas for action by governments and civil society groups to break the destructive pattern are outlined: (1) build more open political and social institutions, that allow the poor and historically subordinate groups to gain a greater share of agency, voice and power in society; (2) ensure that economic institutions and policies seek greater equity, through sound macroeconomic management and equitable, efficient crisis resolution institutions, that avoid the large regressive redistributions that occur during crises, and that allow for saving in good times to enhance access by the poor to social safety nets in bad times; (3) increase access by the poor to high-quality public services, especially education, health, water and electricity, as well as access to farmland and the rural services, and protect and enforce the property rights of the urban poor; (4) reform income transfer programmes so that they reach the poorest families.



Overcoming Inequality In Latin America


Overcoming Inequality In Latin America
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Author : Ricardo Gottschalk
language : en
Publisher: Routledge
Release Date : 2007-04-11

Overcoming Inequality In Latin America written by Ricardo Gottschalk and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-04-11 with Business & Economics categories.


Latin America is faced with the challenge of achieving the Millennium Developmental Goal to halve poverty in the region by 2015. Historically, this region has experienced persistently high levels of inequality and poverty, the causes and consequences of which are analytically examined here. Adopting a multidimensional approach, this informative book focuses on the mechanisms that lead to higher inequality and emphasizes the role of macroeconomics, trade rules, capital flows and the political electoral process. It analyzes how inequality has hindered development, how it interacts with a nation’s economic, social and political processes, and how inequality constrains these processes in ways that weakens the prospect of establishing and sustaining a dynamic, wealthy and creative society. An international team of specialist contributors investigate and explain these crucial issues. Examining the key economic policies and reforms which have exacerbated the region’s extremely high inequality levels, throughout this book they prescribe an alternative range of policy suggestions to help alleviate inequality and provide the foundations for more equitable development.



Democracy And The Left


Democracy And The Left
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Author : Evelyne Huber
language : en
Publisher: University of Chicago Press
Release Date : 2012-09-01

Democracy And The Left written by Evelyne Huber and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-01 with Political Science categories.


Although inequality in Latin America ranks among the worst in the world, it has notably declined over the last decade, offset by improvements in health care and education, enhanced programs for social assistance, and increases in the minimum wage. In Democracy and the Left, Evelyne Huber and John D. Stephens argue that the resurgence of democracy in Latin America is key to this change. In addition to directly affecting public policy, democratic institutions enable left-leaning political parties to emerge, significantly influencing the allocation of social spending on poverty and inequality. But while democracy is an important determinant of redistributive change, it is by no means the only factor. Drawing on a wealth of data, Huber and Stephens present quantitative analyses of eighteen countries and comparative historical analyses of the five most advanced social policy regimes in Latin America, showing how international power structures have influenced the direction of their social policy. They augment these analyses by comparing them to the development of social policy in democratic Portugal and Spain. The most ambitious examination of the development of social policy in Latin America to date, Democracy and the Left shows that inequality is far from intractable—a finding with crucial policy implications worldwide.



The Costs Of Inequality In Latin America


The Costs Of Inequality In Latin America
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Author : Diego Sánchez-Ancochea
language : en
Publisher: Bloomsbury Publishing
Release Date : 2020-12-10

The Costs Of Inequality In Latin America written by Diego Sánchez-Ancochea and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-10 with Political Science categories.


From the United States to the United Kingdom and from China to India, growing inequality has led to social discontent and the emergence of populist parties, also contributing to economic crises. We urgently need a better understanding of the roots and costs of these income gaps. The Costs of Inequality draws on the experience of Latin America, one of the most unequal regions of the world, to demonstrate how inequality has hampered economic growth, contributed to a lack of good jobs, weakened democracy, and led to social divisions and mistrust. In turn, low growth, exclusionary politics, violence and social mistrust have reinforced inequality, generating various vicious circles. Latin America thus provides a disturbing image of what the future may hold in other countries if we do not act quickly. It also provides some useful lessons on how to fight income concentration and build more equitable societies.



Globalization And The Distribution Of Wealth


Globalization And The Distribution Of Wealth
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Author : Arie M. Kacowicz
language : en
Publisher: Cambridge University Press
Release Date : 2013-02-07

Globalization And The Distribution Of Wealth written by Arie M. Kacowicz and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-07 with Business & Economics categories.


This book links theoretical discussions about globalization and the distribution of wealth with a rich empirical analysis of Latin America.



Poverty Inequality And Democracy


Poverty Inequality And Democracy
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Author : Francis Fukuyama
language : en
Publisher: JHU Press
Release Date : 2012-03

Poverty Inequality And Democracy written by Francis Fukuyama and has been published by JHU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03 with Political Science categories.


The rise of populism in new democracies, especially in Latin America, has brought renewed urgency to the question of how liberal democracy deals with issues of poverty and inequality. Citizens who feel that democracy failed to improve their economic condition are often vulnerable to the appeal of political leaders with authoritarian tendencies. To counteract this trend, liberal democracies must establish policies that will reduce socioeconomic disparities without violating liberal principles, interfering with economic growth, or ignoring the consensus of the people. Poverty, Inequality, and Democracy addresses the complicated philosophical and moral issues surrounding the distribution of economic goods in free societies as well as the empirical relationships between democratization and trends in poverty and inequality. This volume also discusses the variety of welfare-state policies that have been adopted in different regions of the world. The book’s distinguished group of contributors provides a succinct synthesis of the scholarship on this topic. They address such broad issues as whether democracy promotes inequality, the socioeconomic factors that drive democratic failure, and the basic choices that societies must make as they decide how to deal with inequality. Chapters focus on particular regions or countries, examining how problems of poverty and inequality have been handled (or mishandled) by newer democracies in Latin America, Eastern Europe, Africa, and Asia. Poverty, Inequality, and Democracy will prove vital reading for all students of world politics, political economy, and democracy’s global prospects. Contributors: Dan Banik, Nancy Bermeo, Dorothee Bohle, Nathan Converse, Alberto Díaz-Cayeros, Francis Fukuyama, Béla Greskovits, Stephan Haggard, Ethan B. Kapstein, Robert R. Kaufman, Taekyoon Kim, Huck-Ju Kwon, Jooha Lee, Peter Lewis, Beatriz Magaloni, Mitchell A. Orenstein, Marc F. Plattner, Charles Simkins, Alejandro Toledo, Ilcheong Yi



What Is Behind Latin America S Declining Income Inequality


What Is Behind Latin America S Declining Income Inequality
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Author : Ms.Evridiki Tsounta
language : en
Publisher: International Monetary Fund
Release Date : 2014-07-15

What Is Behind Latin America S Declining Income Inequality written by Ms.Evridiki Tsounta and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-15 with Business & Economics categories.


Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the world. This study documents the declining trend in income inequality in Latin America and proposes various reasons behind this important development. Using a panel econometric analysis for a large group of emerging and developing countries, we find that the Kuznets curve holds. Notwithstanding the limitations in the dataset and of cross-country regression analysis more generally, our results suggest that almost two-thirds of the recent decline in income inequality in Latin America is explained by policies and strong GDP growth, with policies alone explaining more than half of this total decline. Higher education spending is the most important driver, followed by stronger foreign direct investment and higher tax revenues. Results suggest that policies and to some extent positive growth dynamics could play an important role in lowering inequality further.