Reducing poverty in Latin America and the Caribbean
- Autores
- Galiani, Sebastián
- Año de publicación
- 2009
- Idioma
- inglés
- Tipo de recurso
- documento de trabajo
- Estado
- versión enviada
- Descripción
- Poverty still is one of the central problems in Latin America and the Caribbean. As measured by international poverty lines, approximately one out of every five people in the region is poor. Consequently, the elimination of poverty continues to be one of the main challenges facing the region and remains at the top of its policy agenda. Clearly, one way to reduce absolute poverty is by stimulating economic growth. In reality, it is unlikely that poverty can be reduced by any significant degree without persistent economic growth. Ultimately, an economy that grows on a sustained basis is an economy in which wages will be rising, thereby lifting households out of poverty. In Latin America, Chile is an impressive success story in terms of poverty reduction. Between 1987 and 1998, real per capita income increased at an annual rate of 5.7% while the poverty rate dropped by 60%. Even though growth is fundamental in the battle against poverty, it is unlikely to be enough, even when growth is very rapid. This is especially true in the presence of high levels of inequality such as those existing in Latin America (Besley and Burgess, 2003). Cost-effective redistribution is also needed to succeed in eliminating poverty.
Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS) - Materia
-
Economía
América Latina
pobreza
Región del Caribe
desarrollo económico
desarrollo social - Nivel de accesibilidad
- acceso abierto
- Condiciones de uso
- http://creativecommons.org/licenses/by/4.0/
- Repositorio
- Institución
- Universidad Nacional de La Plata
- OAI Identificador
- oai:sedici.unlp.edu.ar:10915/3647
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Reducing poverty in Latin America and the CaribbeanGaliani, SebastiánEconomíaAmérica LatinapobrezaRegión del Caribedesarrollo económicodesarrollo socialPoverty still is one of the central problems in Latin America and the Caribbean. As measured by international poverty lines, approximately one out of every five people in the region is poor. Consequently, the elimination of poverty continues to be one of the main challenges facing the region and remains at the top of its policy agenda. Clearly, one way to reduce absolute poverty is by stimulating economic growth. In reality, it is unlikely that poverty can be reduced by any significant degree without persistent economic growth. Ultimately, an economy that grows on a sustained basis is an economy in which wages will be rising, thereby lifting households out of poverty. In Latin America, Chile is an impressive success story in terms of poverty reduction. Between 1987 and 1998, real per capita income increased at an annual rate of 5.7% while the poverty rate dropped by 60%. Even though growth is fundamental in the battle against poverty, it is unlikely to be enough, even when growth is very rapid. This is especially true in the presence of high levels of inequality such as those existing in Latin America (Besley and Burgess, 2003). Cost-effective redistribution is also needed to succeed in eliminating poverty.Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS)2009info:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/submittedVersionDocumento de trabajohttp://purl.org/coar/resource_type/c_8042info:ar-repo/semantics/documentoDeTrabajoapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/3647enginfo:eu-repo/semantics/altIdentifier/url/http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas88.pdfinfo:eu-repo/semantics/altIdentifier/issn/1853-0168info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/4.0/Creative Commons Attribution 4.0 International (CC BY 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-29T10:49:16Zoai:sedici.unlp.edu.ar:10915/3647Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-29 10:49:16.957SEDICI (UNLP) - Universidad Nacional de La Platafalse |
dc.title.none.fl_str_mv |
Reducing poverty in Latin America and the Caribbean |
title |
Reducing poverty in Latin America and the Caribbean |
spellingShingle |
Reducing poverty in Latin America and the Caribbean Galiani, Sebastián Economía América Latina pobreza Región del Caribe desarrollo económico desarrollo social |
title_short |
Reducing poverty in Latin America and the Caribbean |
title_full |
Reducing poverty in Latin America and the Caribbean |
title_fullStr |
Reducing poverty in Latin America and the Caribbean |
title_full_unstemmed |
Reducing poverty in Latin America and the Caribbean |
title_sort |
Reducing poverty in Latin America and the Caribbean |
dc.creator.none.fl_str_mv |
Galiani, Sebastián |
author |
Galiani, Sebastián |
author_facet |
Galiani, Sebastián |
author_role |
author |
dc.subject.none.fl_str_mv |
Economía América Latina pobreza Región del Caribe desarrollo económico desarrollo social |
topic |
Economía América Latina pobreza Región del Caribe desarrollo económico desarrollo social |
dc.description.none.fl_txt_mv |
Poverty still is one of the central problems in Latin America and the Caribbean. As measured by international poverty lines, approximately one out of every five people in the region is poor. Consequently, the elimination of poverty continues to be one of the main challenges facing the region and remains at the top of its policy agenda. Clearly, one way to reduce absolute poverty is by stimulating economic growth. In reality, it is unlikely that poverty can be reduced by any significant degree without persistent economic growth. Ultimately, an economy that grows on a sustained basis is an economy in which wages will be rising, thereby lifting households out of poverty. In Latin America, Chile is an impressive success story in terms of poverty reduction. Between 1987 and 1998, real per capita income increased at an annual rate of 5.7% while the poverty rate dropped by 60%. Even though growth is fundamental in the battle against poverty, it is unlikely to be enough, even when growth is very rapid. This is especially true in the presence of high levels of inequality such as those existing in Latin America (Besley and Burgess, 2003). Cost-effective redistribution is also needed to succeed in eliminating poverty. Centro de Estudios Distributivos, Laborales y Sociales (CEDLAS) |
description |
Poverty still is one of the central problems in Latin America and the Caribbean. As measured by international poverty lines, approximately one out of every five people in the region is poor. Consequently, the elimination of poverty continues to be one of the main challenges facing the region and remains at the top of its policy agenda. Clearly, one way to reduce absolute poverty is by stimulating economic growth. In reality, it is unlikely that poverty can be reduced by any significant degree without persistent economic growth. Ultimately, an economy that grows on a sustained basis is an economy in which wages will be rising, thereby lifting households out of poverty. In Latin America, Chile is an impressive success story in terms of poverty reduction. Between 1987 and 1998, real per capita income increased at an annual rate of 5.7% while the poverty rate dropped by 60%. Even though growth is fundamental in the battle against poverty, it is unlikely to be enough, even when growth is very rapid. This is especially true in the presence of high levels of inequality such as those existing in Latin America (Besley and Burgess, 2003). Cost-effective redistribution is also needed to succeed in eliminating poverty. |
publishDate |
2009 |
dc.date.none.fl_str_mv |
2009 |
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info:eu-repo/semantics/workingPaper info:eu-repo/semantics/submittedVersion Documento de trabajo http://purl.org/coar/resource_type/c_8042 info:ar-repo/semantics/documentoDeTrabajo |
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http://sedici.unlp.edu.ar/handle/10915/3647 |
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eng |
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eng |
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http://creativecommons.org/licenses/by/4.0/ Creative Commons Attribution 4.0 International (CC BY 4.0) |
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