Declining Inequality in Latin America: Some Economics, Some Politics - Working Paper 251
Authors registered in the RePEc Author Service: Nancy Birdsall (),
Darryl McLeod () and
Nora Lustig ()
No 251, Working Papers from Center for Global Development
Latin America is known to have income inequality among the highest in the world. That inequality has been invoked to explain low growth, poor education, macroeconomic volatility, and political instability. But new research shows that inequality in the region is falling. In this paper, we summarize recent findings on the decline in inequality across the region, analyze how the type of political regime (populist, social democratic, right of center) matters to the sustainability of the decline, and investigate the relationship between changes in inequality and changes in the size of the middle class in the region. We conclude with some questions about whether and how changes in income distribution and in middle-class economic power will affect the politics of distribution in the future.
Keywords: Latin America; inequality; political regime; middle class (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (19) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cgd:wpaper:251
Access Statistics for this paper
More papers in Working Papers from Center for Global Development Contact information at EDIRC.
Bibliographic data for series maintained by Publications Manager ().