- Figures (and map)
- Shifting Paradigms in Latin America's Economic Development
- Institutions and the Historical Roots of Latin American Divergence
- Political Institutions, Policymaking, and Economic Policy in Latin America
- The Washington Consensus: Assessing A “damaged Brand”
- From Old to New Developmentalism in Latin America
- Environmental Sustainability
- Taming Capital Account Shocks: Managing Booms and Busts
- Exchange Rate Regimes in Latin America
- Monetary Policy in Latin America: Performance Under Crisis and the Challenges of Exuberance
- Domestic Financial Development in Latin America
- Fiscal Policy in Latin America
- Fiscal Legitimacy, Inequalities, and Democratic Consolidation in Latin America
- Latin America in the World Trade System
- Regional Integration
- The Effects of Trade Liberalization on Growth, Employment, and Wages
- The Recent Commodity Price Boom and Latin American Growth: More than New Bottles for an Old Wine?
- Curse or Blessing? Natural Resources and Human Development
- Foreign Direct Investment in Latin America
- China and the Future of Latin American Economic Development
- Latin America in the Recent Wave of International Migration
- Structural Transformation and Economic Growth in Latin America
- Learning, Technological Capabilities, and Structural Dynamics
- Why Has Productivity Growth Stagnated in Most Latin American Countries Since the Neo-Liberal Reforms?
- Agricultural and Rural Development
- An Energy Panorama of Latin America
- Infrastructure in Latin America
- The Rise and Fall of Income Inequality in Latin America
- Multidimensional Poverty in Latin America: Concept, Measurement, and Policy
- Economic Insecurity and Development in Latin America and the Caribbean
- Employment: The Dominance of the Informal Economy
- Latin American Labor Reforms: Evaluating Risk and Security
- Social Protection in Latin America: Achievements and Limitations
- Social Security Reforms in Latin America
Abstract and Keywords
This chapter documents the pattern of the rise and fall of income inequality in Latin America and comments on some plausible explanatory factors. After an overview of the regional trends and comparisons with other regions of the world, it focuses on three countries for which substantial analysis is available: Argentina, Brazil, and Mexico. The second section is an overview of the main characteristics and patterns of Latin America's income distribution. The third section discusses the plausible determinants of the inequality changes in the region. The fourth section provides an in-depth analysis of the three country cases. The fifth section offers some concluding remarks.
Leonardo Gasparini, Director of the Center for Distributional, Labor and Social Studies (CEDLAS) at Universidad Nacional de La Plata.
Nora Lustig is Samuel Z. Stone Professor of Latin American Economics at Tulane University, New Orleans and nonresident fellow of the Center for Global Development, Washington, DC, and the Inter-American Dialogue, Washington, DC.
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