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Did Latin America Learn to Shield Its Poor from Economic Shocks?

World Bank

No 17197, World Bank Publications - Reports from The World Bank Group

Abstract: This brief includes the following headings: How did the 2009 economic crisis affect poverty in Latin America? Why did poverty rise by less than predicted in 2009? Why did the links between poverty and growth fray during this crisis? Resilient markets buoyed labor incomes during the crisis and did not exacerbate inequalities; increased social spending and better safety nets likely cushioned the fall; what is the impact of the emerging recovery on poverty? Agenda ahead; statistical annex; and notes.

Keywords: Macroeconomics; and; Economic; Growth-Regional; Economic; Development; Poverty; Reduction-Achieving; Shared; Growth; Poverty; Reduction-Rural; Poverty; Reduction; Poverty; Reduction-Services; &; Transfers; to; Poor (search for similar items in EconPapers)
Date: 2011-10
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