The 1990s in Latin America: Another Decade of Persistent Inequality, but with Somewhat Lower Poverty

Miguel Székely
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Miguel Székely: Ministry of Social Development, Mexico

Journal of Applied Economics, 2003, vol. 6, 317-339

Abstract: This paper processes 76 household surveys from 17 Latin American countries to document changes in poverty and inequality during the 1990s, and performs an analysis of the effect : of economic reforms on inequality and poverty by using an expanded data base of 94 : surveys spanning the 1977-2000 period. We show that there is no country in Latin America : where inequality declined during the 1990s. Poverty declined in 10 or 11 out of the 17 : countries for which household surveys are available to us, depending on the poverty : measured used. Persistently high inequality inhibited further poverty reduction. One : important factor contributing to the persistently high inequality level is financial : liberalization. Trade liberalization and : slight inequality-reducing effect. :

Keywords: inequality; poverty; Latin America (search for similar items in EconPapers)
JEL-codes: D31 O12 O54 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:cem:jaecon:v:6:y:2003:n:2:p:317-339

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