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Author: Mr. Ravi Balakrishnan Publisher: International Monetary Fund ISBN: 1484326091 Category : Business & Economics Languages : en Pages : 123
Book Description
Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.
Author: Mr. Ravi Balakrishnan Publisher: International Monetary Fund ISBN: 1484326091 Category : Business & Economics Languages : en Pages : 123
Book Description
Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.
Author: Pablo Fajnzylber Publisher: World Bank Publications ISBN: 0821368710 Category : Business & Economics Languages : en Pages : 410
Book Description
Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.
Author: Giovanni Andrea Cornia Publisher: Oxford University Press, USA ISBN: 0198701802 Category : Business & Economics Languages : en Pages : 402
Book Description
This volume documents and explains the reduction of income inequality that has taken place in the majority of Latin American countries over the last decade.
Author: Publisher: World Bank Publications ISBN: Category : Debt Markets Languages : en Pages : 36
Book Description
Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.
Author: Stephan Klasen Publisher: Peter Lang ISBN: 9783631573273 Category : Business & Economics Languages : en Pages : 296
Book Description
Groups the papers under the headings "Growth and inequality", "Poverty", and "Trade, migration and income convergence". Looks at the consequences of high economic instability with recurrent economic and financial crises, particularly in the 1990s. Studies poverty determinants, and the role of trade and migration in generating, sustaining or reducing inequalities between and within the countries examined.
Author: David Card Publisher: Russell Sage Foundation ISBN: 1610448049 Category : Social Science Languages : en Pages : 484
Book Description
The rapid rise in the proportion of foreign-born residents in the United States since the mid-1960s is one of the most important demographic events of the past fifty years. The increase in immigration, especially among the less-skilled and less-educated, has prompted fears that the newcomers may have depressed the wages and employment of the native-born, burdened state and local budgets, and slowed the U.S. economy as a whole. Would the poverty rate be lower in the absence of immigration? How does the undocumented status of an increasing segment of the foreign-born population impact wages in the United States? In Immigration, Poverty, and Socioeconomic Inequality, noted labor economists David Card and Steven Raphael and an interdisciplinary team of scholars provide a comprehensive assessment of the costs and benefits of the latest era of immigration to the United States Immigration, Poverty, and Socioeconomic Inequality rigorously explores shifts in population trends, labor market competition, and socioeconomic segregation to investigate how the recent rise in immigration affects economic disadvantage in the United States. Giovanni Peri analyzes the changing skill composition of immigrants to the United States over the past two decades to assess their impact on the labor market outcomes of native-born workers. Despite concerns over labor market competition, he shows that the overall effect has been benign for most native groups. Moreover, immigration appears to have had negligible impacts on native poverty rates. Ethan Lewis examines whether differences in English proficiency explain this lack of competition between immigrant and native-born workers. He finds that parallel Spanish-speaking labor markets emerge in areas where Spanish speakers are sufficiently numerous, thereby limiting the impact of immigration on the wages of native-born residents. While the increase in the number of immigrants may not necessarily hurt the job prospects of native-born workers, low-skilled migration appears to suppress the wages of immigrants themselves. Michael Stoll shows that linguistic isolation and residential crowding in specific metropolitan areas has contributed to high poverty rates among immigrants. Have these economic disadvantages among low-skilled immigrants increased their dependence on the U.S. social safety net? Marianne Bitler and Hilary Hoynes analyze the consequences of welfare reform, which limited eligibility for major cash assistance programs. Their analysis documents sizable declines in program participation for foreign-born families since the 1990s and suggests that the safety net has become less effective in lowering child poverty among immigrant households. As the debate over immigration reform reemerges on the national agenda, Immigration, Poverty, and Socioeconomic Inequality provides a timely and authoritative review of the immigrant experience in the United States. With its wealth of data and intriguing hypotheses, the volume is an essential addition to the field of immigration studies. A Volume in the National Poverty Center Series on Poverty and Public Policy
Author: OECD Publisher: OECD Publishing ISBN: 9264685936 Category : Languages : en Pages : 366
Book Description
Many Latin American countries have experienced improvements in income over recent decades, with several of them now classified as high-income or upper middle-income in terms of conventional metrics. But has this change been mirrored in improvements across the different areas of people’s lives? How’s Life in Latin America? Measuring Well-being for Policy Making addresses this question by presenting comparative evidence for Latin America and the Caribbean (LAC) with a focus on 11 LAC countries (Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Paraguay, Peru and Uruguay).
Author: Tanja Bastia Publisher: Routledge ISBN: 1135081077 Category : Business & Economics Languages : en Pages : 228
Book Description
The ‘migration-development’ nexus has emerged as an important area of both research and policy over the last ten years. However, most of the interest has focused on the potential that migration holds for poverty alleviation. Relatively little attention has been paid to the relationship between migration and inequality, particularly on inequality as a consequence of migration. This is unfortunate, given that inequality is emerging as an important area of inquiry within development studies. This edited collection explores the relationship between migration and inequality in Africa, Asia and Latin America by taking into account economic and social inequalities. While the focus on inequality as opposed to poverty is in itself original, the book offers additional points of interest. First, it combines chapters on internal and international migration, thereby challenging the current focus in the migration literature that focuses almost exclusively on cross-border migration. Internal migration greatly outnumbers cross-border moves. Yet policy-makers as well as most studies focus on cross-border international migration. We are only just beginning to unravel the relationship between internal and cross-border migration. Second, the theme of inequality complements the existing focus in the migration-development nexus on issues of poverty. Third, the chapters focus on both economic and social inequalities, often combining an analysis of different types of inequalities. The book also covers governance and migrants’ rights; gender and intersectionality; and health. The chapters in this edited volume make an original contribution to debates on the migration-development nexus as well as the literature on inequality, which often tends to focus on economic measurements of inequality at the expense of including a thorough analysis of social inequality.
Author: Rosemary Thorp Publisher: IDB ISBN: 9781886938359 Category : Business & Economics Languages : en Pages : 390
Book Description
A comprehensive Statistical Appendix provides regional and country-by-country data in such areas as GDP, manufacturing, sector productivity, prices, trade, income distribution and living standards."--BOOK JACKET.
Author: Mr. Ravi Balakrishnan
Author: Mr. Ravi Balakrishnan
Author: Pablo Fajnzylber
Author: Giovanni Andrea Cornia
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Author: 
Author: Stephan Klasen
Author: David Card
Author: OECD
Author: Tanja Bastia
Author: Rosemary Thorp