Income and Consumption Inequality in Latin American Countries

Sungwoo Hong ()
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Sungwoo Hong: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si, Korea, https://www.kiep.go.kr/eng/

No 22-28, World Economy Brief from Korea Institute for International Economic Policy

Abstract: The recent large-scale protests across Latin America show the seriousness of this inequality in the region. Accumulated complaints about poverty, inequality, and the gap between the rich and the poor are the root causes of the massive protests in Chile that broke out in October 2019 and the demonstrations in Colombia that started in April 2021. This brief looks into the following questions: 1) how profound is inequality in Latin America, and has there been no notable change in its pattern over time? 2) Are the current conditions of poverty and inequality and patterns of inequality the same across Latin American countries?

Keywords: Inequality; Latin America (search for similar items in EconPapers)
Pages: 11 pages
Date: 2022-07-22
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2022_028

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