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The Rise and Fall of Brazilian Inequality, 1981-2004

The Rise and Fall of Brazilian Inequality, 1981-2004 PDF Author: Phillippe George Leite
Publisher: World Bank Publications
ISBN:
Category : Desigualdad economica - Brasil
Languages : en
Pages : 40

Book Description
"Measured by the Gini coefficient, income inequality in Brazil rose from 0.57 in 1981 to 0.63 in 1989, before falling back to 0.56 in 2004. This latest figure would lower Brazil's world inequality rank from 2nd (in 1989) to 10th (in 2004). Poverty incidence also followed an inverted U-curve over the past quarter century, rising from 0.30 in 1981 to 0.33 in 1993, before falling to 0.22 in 2004. Using standard decomposition techniques, this paper presents a preliminary investigation of the determinants of Brazil's distributional reversal over this period. The rise in inequality in the 1980s appears to have been driven by increases in the educational attainment of the population in a context of convex returns, and by high and accelerating inflation. While the secular decline in inequality, which began in 1993, is associated with declining inflation, it also appears to have been driven by four structural and policy changes which have so far not attracted sufficient attention in the literature, namely sharp declines in the returns to education; pronounced rural-urban convergence; increases in social assistance transfers targeted to the poor; and a possible decline in racial inequality. Although poverty dynamics since the Real Plan of 1994 have been driven primarily by economic growth, the decline in inequality has also made a substantial contribution to poverty reduction. "--World Bank web site.

The Rise and Fall of Brazilian Inequality, 1981-2004

The Rise and Fall of Brazilian Inequality, 1981-2004 PDF Author: Phillippe George Leite
Publisher: World Bank Publications
ISBN:
Category : Desigualdad economica - Brasil
Languages : en
Pages : 40

Book Description
"Measured by the Gini coefficient, income inequality in Brazil rose from 0.57 in 1981 to 0.63 in 1989, before falling back to 0.56 in 2004. This latest figure would lower Brazil's world inequality rank from 2nd (in 1989) to 10th (in 2004). Poverty incidence also followed an inverted U-curve over the past quarter century, rising from 0.30 in 1981 to 0.33 in 1993, before falling to 0.22 in 2004. Using standard decomposition techniques, this paper presents a preliminary investigation of the determinants of Brazil's distributional reversal over this period. The rise in inequality in the 1980s appears to have been driven by increases in the educational attainment of the population in a context of convex returns, and by high and accelerating inflation. While the secular decline in inequality, which began in 1993, is associated with declining inflation, it also appears to have been driven by four structural and policy changes which have so far not attracted sufficient attention in the literature, namely sharp declines in the returns to education; pronounced rural-urban convergence; increases in social assistance transfers targeted to the poor; and a possible decline in racial inequality. Although poverty dynamics since the Real Plan of 1994 have been driven primarily by economic growth, the decline in inequality has also made a substantial contribution to poverty reduction. "--World Bank web site.

The Rise and Fall of Brazilian Inequality, 1981-2004

The Rise and Fall of Brazilian Inequality, 1981-2004 PDF Author: Francisco H. G. Ferreira
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

Book Description
Measured by the Gini coefficient, income inequality in Brazil rose from 0.57 in 1981 to 0.63 in 1989, before falling back to 0.56 in 2004. This latest figure would lower Brazil's world inequality rank from 2nd (in 1989) to 10th (in 2004). Poverty incidence also followed an inverted U-curve over the past quarter century, rising from 0.30 in 1981 to 0.33 in 1993, before falling to 0.22 in 2004. Using standard decomposition techniques, this paper presents a preliminary investigation of the determinants of Brazil's distributional reversal over this period. The rise in inequality in the 1980s appears to have been driven by increases in the educational attainment of the population in a context of convex returns, and by high and accelerating inflation. While the secular decline in inequality, which began in 1993, is associated with declining inflation, it also appears to have been driven by four structural and policy changes which have so far not attracted sufficient attention in the literature, namely sharp declines in the returns to education; pronounced rural-urban convergence; increases in social assistance transfers targeted to the poor; and a possible decline in racial inequality. Although poverty dynamics since the Real Plan of 1994 have been driven primarily by economic growth, the decline in inequality has also made a substantial contribution to poverty reduction.

The Rise and Fall of Brazilian Inequality

The Rise and Fall of Brazilian Inequality PDF Author: Francisco H. G. Ferreira
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

Book Description


Inequality in Brazil: A Regional Perspective

Inequality in Brazil: A Regional Perspective PDF Author: Carlos Góes
Publisher: International Monetary Fund
ISBN: 1484324773
Category : Business & Economics
Languages : en
Pages : 34

Book Description
In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households’ survey. We adjust the state-Gini coefficients for spatial price differences using information on households’ rental prices available in the survey. In a panel regression framework, we find that labor income growth, formalization, and schooling contributed to the decline in inequality during 2004-14, but redistributive policies, such as Bolsa Família, have also played a positive role. Going forward, it will be important to phase out untargeted subsidies, such as public spending on tertiary education, and contain growth of public sector wages, to improve budgetary efficiency and protect gains in equality.

Inequality, Democracy, and Growth in Brazil

Inequality, Democracy, and Growth in Brazil PDF Author: Marcos Mendes
Publisher: Academic Press
ISBN: 0128019654
Category : Business & Economics
Languages : en
Pages : 281

Book Description
In terms accessible to non-economists, Marcos José Mendes describes the ways democracy and inequality produce low growth in the short and medium terms. In the longer term, he argues that Brazil has two paths in front of it. One is to create the conditions necessary to boost economic performance and drive the country toward a high level of development. The other is to fail in untying the political knot that blocks growth, leaving it a middle-income country. The source of his contrasting futures for Brazil is inequality, which he demonstrates is a relevant variable in any discussion of economic growth. Inequality illuminates causes of seemingly-unconnected problems. This book, which includes freely-accessible documents and datasets, is the first in-depth analysis of an issue that promises to become increasingly prominent. Contrasting visions of Brazil’s future described in economic terms Easy-to-understand graphs and tables illustrate analytical arguments All Excel-based data available on a freely-accessible website

Welfare, Inequality, and Resource Depletion

Welfare, Inequality, and Resource Depletion PDF Author: Mariano Torras
Publisher: Routledge
ISBN: 1351873318
Category : Business & Economics
Languages : en
Pages : 136

Book Description
This book breaks new ground by accounting for the welfare implications of both severe inequality and environmental degradation and developing a sustainable development indicator that incorporates changes over time in each of these dimensions. The model is applied to data from Brazil spanning the 1965 -1998 period. The book's findings cast significant doubt on the proposition that rapid economic growth in Brazil has resulted in comparable welfare gains. The evidence presented more generally illustrates the often unsustainable nature of rapid GDP growth phases, as well as the general unreliability of GDP growth as an indicator of well-being improvement. The specific policy implication is that Brazil should discontinue - or at least severely curtail - the regressive and resource intensive economic policies it has followed in recent decades in the interest of welfare improvement not only for the poorer groups in society, but for future generations of Brazilians as well.

Inequality and Economic Development in Brazil

Inequality and Economic Development in Brazil PDF Author:
Publisher: World Bank Publications
ISBN: 9780821358801
Category : Business & Economics
Languages : en
Pages : 308

Book Description
What makes Brazil so unequal? This title looks at this question and shows how inequalities weaken Brazil's economic development and what are the best policy options to reduce this inequity.

Paths of Inequality in Brazil

Paths of Inequality in Brazil PDF Author: Marta Arretche
Publisher: Springer
ISBN: 3319781847
Category : Social Science
Languages : en
Pages : 371

Book Description
This book presents multidisciplinary analyses of the historical trajectories of social and economic inequalities in Brazil over the last 50 years. As one of the most unequal countries in the world, Brazil has always been an important case study for scholars interested in inequality research, but in the last few decades has brought a new phenomenon to renew researchers’ interest in the country. While the majority of democracies in the developed world have witnessed an increase in income inequality from the 1970s on, Brazil has followed the opposite path, registering a significant reduction of income inequality over the last 30 years. Bringing together studies carried out by experts from different areas, such as economists, sociologists, demographers and political scientists, this volume presents insights based on rigorous analyses of statistical data in an effort to explain the long term changes in social and economic inequalities in Brazil. The book adopts a multidisciplinary approach, analyzing the relations between income inequality and different dimensions of social life, such as education, health, political participation, public policies, demographics and labor market. All of this makes Paths of Inequality in Brazil – A Half-Century of Change a very valuable resource for social scientists interested in inequality research in general, and especially for sociologists, political scientists and economists interested in the social and economic changes that Brazil went through over the last two decades.

Firms and the Decline in Earnings Inequality in Brazil

Firms and the Decline in Earnings Inequality in Brazil PDF Author: Jorge Alvarez
Publisher: International Monetary Fund
ISBN: 1484333039
Category : Business & Economics
Languages : en
Pages : 59

Book Description
We document a large decrease in earnings inequality in Brazil between 1996 and 2012. Using administrative linked employer-employee data, we fit high-dimensional worker and firm fixed effects models to understand the sources of this decrease. Firm effects account for 40 percent of the total decrease and worker effects for 29 percent. Changes in observable worker and firm characteristics contributed little to these trends. Instead, the decrease is primarily due to a compression of returns to these characteristics, particularly a declining firm productivity pay premium. Our results shed light on potential drivers of earnings inequality dynamics.

Social Inequalities in Brazil

Social Inequalities in Brazil PDF Author: Laura Jakobeit
Publisher: GRIN Verlag
ISBN: 3640841042
Category : Political Science
Languages : en
Pages : 8

Book Description
Social equality is essential for every country, not only as an end itself, but also as tool for promoting economic growth (Skidmore, 2004).Brazil is one of the most unequal countries in the world, with a Gini Index of 0.567 in 2005 (CIA, 2010). Although this is still high and leaves Brazil the 10thmost unequal country out of 134, the inequalities are improving significantly (in 1998 the Index was 0.607). This essay will focus on two questions: What has caused the striking inequalities in Brazil? Why did these inequalities improvein the recent years?