Market Conditioning, Redistribution and Income Inequality in Latin America and the Caribbean

2011 ◽  
Author(s):  
Nathan J. Kelly ◽  
Jana Morgan
Keyword(s):  
Latin America ◽  
Income Inequality ◽  
The Caribbean

scholarly journals Welfare State Development, Individual Deprivations and Income Inequality: A cross-country analysis in Latin America and the Caribbean

2019 ◽  
Author(s):  
Gibran Cruz-Martinez
Keyword(s):  
Latin America ◽  
Income Inequality ◽  
Welfare State ◽  
Welfare Programs ◽  
State Development ◽  
One Dimensional ◽  
Social Welfare Programs ◽  
Welfare State Development ◽  
The Caribbean ◽  
Dimensional Variable

Several scholars have confirmed the role that the welfare state (WS) plays in reducing poverty, promoting equality and ensuring the common wellbeing. One of the limitations of the scholarship has been the conceptualization and operationalization of the WS and poverty as one-dimensional variables. The purpose of this paper is to examine the relationship between welfare state development, single-dimensions deprivations and income inequality in Latin America and the Caribbean, before and after controlling for demographic and cyclical factors. The WS is operationalized as a one-dimensional variable, but also taking into account its multidimensional nature. Three individual deprivations suffered by people on poverty and two income inequality indicators are used as dependent variables. Three pooled time-series cross-section regression analyses with panel-corrected standard errors models were carried out on 18 countries in the region around 2000, 2005 and 2010. This paper shows that the development of social-welfare programs and institutions seems to be an effective way of tackling individual deprivations suffered by people on poverty in the region. On the other hand, the WS development didn’t appear to be effective to reduce income inequality. The outcomes of welfare institutions appear to be the pivotal dimension to reduce income inequality and income deprivations in the region.

Austerity may thwart poverty progress in Latin America

2015 ◽  
Keyword(s):  
Latin America ◽  
Income Inequality ◽  
Gender Gap ◽  
Annual Report ◽  
Social Spending ◽  
Poor People ◽  
Content Type ◽  
Economic Commission ◽  
Poverty And Inequality ◽  
The Caribbean

Subject Poverty and income inequality. Significance On January 26, the UN Economic Commission for Latin America and the Caribbean (ECLAC) released its latest annual report on poverty and income distribution. In a mixed picture marked by important differences between countries, it found that progress in reducing total poverty has stalled, and extreme poverty has increased slightly. However, income inequality appears to be continuing to diminish, although more slowly than before the 2008-09 crisis. Impacts Since 2011, government social spending again appears to have become pro-cyclical, hampering progress on poverty. The gender gap remains the largest stumbling block to reducing poverty and inequality. In the poorest countries, there are not only more poor people but they also suffer more types of deprivation.

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