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Latin America and the Caribbean Poverty and Labor Brief, June 2013

Author: The World Bank

Publisher: World Bank Publications

Published: 2013-07-31

Total Pages: 53

ISBN-13: 1464800782

Latin America and the Caribbean (LAC) have made laudable progress in the past fifteen years in reducing poverty, building the middle class, and promoting prosperity for all levels of society. Recently, the World Bank announced a twin strategy for going forward: (1) to end extreme poverty at the global level by 2030; and (2) to promote shared prosperity. This brief reviews LAC's progress toward these objectives, outlines the continuing challenges, and proposes a policy framework for keeping the region on its upward arc and picking up the speed. The World Bank's indicator of shared prosperity underscores that recent years' economic expansion in LAC has benefited the less well-off. But despite LAC's strong gains in shared prosperity, going forward it faces significant hurdles to delivering the sustained high levels of economic growth and welfare gains that many other regions of the world have achieved. Reform agendas that are underway in a number of the region's countries are helping acclerate shared prosperity. The region now needs second-generation reforms that will reinforce the "virtuous cycle" of economic growth and equity to foster shared prosperity. This brief highlights four important policy themes that LAC vountries should consider to keep on track in the years ahead.

Latin America and the Caribbean Poverty and Labor Brief, June 2013

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Published: 2013

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LAC Poverty and Labor Brief, June 2015

Author: Weltbank

Publisher: World Bank Publications

Published: 2015

Total Pages: 68

ISBN-13: 1464806853

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While LAC continues its progress towards becoming a middle-class region, in 2013 poverty reduction was slower than in previous years. The bottom 40 percent of the population has also seen decelerating income growth since the 2008-2009 global financial crisis. Driving the lower gains in shared prosperity and poverty reduction is the region's slowing economic growth. Similarly, after more than a decade of steady decline, inequality has been stagnant since 2010 and remains high. Given the crucial role of labor earnings in poverty and inequality reduction, this report analyzes more deeply LAC's labor markets and its implications for the region's social gains going forward. It shows that the region's push to increase its human capital has yielded dividends; increases in the educational attainment of the labor force are evident across the region. Nonetheless, the substantial growth in wages observed during the last decade was not accompanied by significant changes in the labor market: agriculture and low-productivity, informal service employment continued to be key sources of income for the poor in LAC. Instead, most of the gains were seen in countries that benefitted from the commodity boom of the last decade. As the commodity boom fades and growth wanes, there is a risk that the social gains achieved in the century's first decade will erode.

Left Behind

Author: Renos Vakis

Publisher: World Bank Publications

Published: 2016-07-26

Total Pages: 156

ISBN-13: 1464806616

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One out of every five Latin Americans or around 130 million people have never known anything but poverty, subsisting on less than US$4-a-day throughout their lives. These are the region ́s chronically poor, who have remained so despite unprecedented inroads against poverty in Latin America and the Caribbean since the turn of the century. Left Behind: Chronic Poverty in Latin America and the Caribbean takes a closer look at the region’s entrenched poor, who and where they are, and how existing policies need to change in order to effectively assist them. The book shows significant variations of rates of chronic poverty both across and within countries. Within a single country, some regions show incidence rates up to eight times higher than the lowest. Despite the higher rates of chronic poverty in rural areas, chronic poverty is as much an urban as a rural issue. In fact, considering absolute numbers, urban areas in many countries, including Chile, Brazil, Mexico, Colombia and the Dominican Republic, have more chronic poor than rural areas. Undoubtedly the region has come a long way during the decade in terms of poverty reduction, guided by a mix of sustained growth and increased levels in amounts and quality of public spending and programs targeted directly or indirectly to the chronic poor. While improving endowments and the context where the chronic poor live is a necessary condition going forward, the decade’s experience suggests that it may not be enough to reach the chronic poor. The book posits that refinements to the existing policy toolkit †“ as opposed to more programs †“ may come a long way in helping the remaining poor. These refinements include intensifying efforts to improve coordination between different social and economic programs, which can boost the income generation process and deal with the intergenerational transmission of chronic poverty by investing in early childhood development. Equally important though, there is an urgent need to adapt programs to directly address the psychological toll of chronic poverty on people’s mindset and aspirations, which currently undermines the effectiveness of the existing policy efforts.

Shared Prosperity and Poverty Eradication in Latin America and the Caribbean

Author: Louise Cord

Publisher: World Bank Publications

Published: 2015-06-18

Total Pages: 355

ISBN-13: 1464803587

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Over the last decade Latin America and the Caribbean region has achieved important progress towards the World Bank Group's goals of eradicating extreme poverty and boosting income growth of the bottom 40 percent, propelled by remarkable economic growth and falling income inequality. Despite this impressive performance, social progress has not been uniform over this period, and certain countries, subregions and even socioeconomic groups participated less in the growth process. As of today, more than 75 million people still live in extreme poverty in the region (using $2.50/day/capita), half of them in Brazil and Mexico, and extreme poverty rates top 40 percent in Guatemala and reach nearly 60 percent in Haiti. This means that extreme poverty is still an important issue in both low- and middle-income countries in the region. As growth wanes and progress in reducing the still high levels of inequality in the region slows, it will be more important than ever for governments to focus policies on inclusive growth. The book includes an overview that highlights progress towards the goals of poverty eradication and shared prosperity between 2003 and 2012, unpacks recent gains at the household level using an income-based asset model, and examines some of the policy levers used to affect social outcomes in the region. It draws on 13 country studies, eight of which are featured in this volume: Argentina, Brazil, Colombia, El Salvador, Mexico, Paraguay, Peru, and Uruguay. The other case studies include: Bolivia, Chile, Dominican Republic, Ecuador, and Honduras, which will be included in the web version of the book.

Has Latin American Inequality Changed Direction?

Author: Luis Bértola

Publisher: Springer

Published: 2017-01-25

Total Pages: 419

ISBN-13: 3319446215

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This book is open access under a CC BY 4.0 license. This book brings together a range of ideas and theories to arrive at a deeper understanding of inequality in Latin America and its complex realities. To so, it addresses questions such as: What are the origins of inequality in Latin America? How can we create societies that are more equal in terms of income distribution, gender equality and opportunities? How can we remedy the social divide that is making Latin America one of the most unequal regions on earth? What are the roles played by market forces, institutions and ideology in terms of inequality? In this book, a group of global experts gathered by the Institute for the Integration of Latin America and the Caribbean (INTAL), part of the Inter-American Development Bank (IDB), show readers how various types of inequality, such as economical, educational, racial and gender inequality have been practiced in countries like Brazil, Bolivia, Chile, Mexico and many others through the centuries. Presenting new ideas, new evidence, and new methods, the book subsequently analyzes how to move forward with second-generation reforms that lay the foundations for more egalitarian societies. As such, it offers a valuable and insightful guide for development economists, historians and Latin American specialists alike, as well as students, educators, policymakers and all citizens with an interest in development, inequality and the Latin American region.

Family Farming and the Worlds to Come

Author: Jean-Michel Sourisseau

Publisher: Springer

Published: 2014-11-05

Total Pages: 357

ISBN-13: 9401793581

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What is family farming? How can it help meet the challenges confronting the world? How can it contribute to a sustainable and more equitable development? Not only is family farming the predominant form of agriculture around the world, especially so in developing countries, it is also the agriculture of the future. By declaring 2014 the “International Year of Family Farming,” the United Nations has placed this form of production at the center of debates on agricultural development. These debates are often reduced to two opposing positions. The first advocates the development of industrial or company agriculture, supposedly efficient because it follows industrial processes for market-oriented mass production. The second promotes the preservation of family farming with its close links between family and farm. The authors of this book wish to enrich the debates by helping overcome stereotypes – which often manifest through the use of terms such as “small-scale farming, subsistence farming, peasant, etc.” Research work has emphatically demonstrated the great adaptability of family farming systems and their ability to meet the major challenges of tomorrow but it has also not overlooked their limitations. The authors explore the choices facing society and possible development trajectories at national and international levels, and the contribution that agriculture will have to make. They call for a recommitment of public policies in favor of family farming in developing countries and stress the importance of planning actions targeted at and tailored to the family character of agricultural models. But, above all, they highlight the need to overcome strictly sectoral rationales, by placing family farming at the core of a broader economic and social project. This book is the result of a collaborative effort led by CIRAD and encapsulates three decades of research on family farming. It will interest researchers, teachers and students, and all those involved in national and international efforts for the development of countries in the South.

Social Panorama of Latin America 2020

Author: United Nations Publications

Publisher: UN

Published: 2021-07-29

Total Pages: 0

ISBN-13: 9789211220698

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This publication examines the social impact of an unprecedented crisis. The effects of the COVID-19 pandemic have spread to all areas of human life, altering the way we interact, crippling economies and bringing about profound changes in societies. The pandemic has highlighted and exacerbated the major structural gaps in the region, and it is clear that the costs of inequality have become unsustainable and that it is necessary to rebuild with equality and sustainability, aiming for the creation of a true welfare state, long overdue in the region.

Weak States, Strong Societies

Author: Amin Saikal

Publisher: Bloomsbury Publishing

Published: 2015-11-27

Total Pages: 272

ISBN-13: 0857728849

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Since the disintegration of the Soviet Union and the end of the Cold War, the previously well-established organisation of world politics has been thrown into disarray. While during the Cold War, the bipolarity of the world gave other powers a defined structure within which to vie for power, influence and material wealth, the current global political landscape has been transformed by a diffusion of power. As a result, the world has seen the rise of sub-national or quasi-/non-state actors, such as Hezbollah, al-Qaeda and the movement that calls itself Islamic State, or ISIS. These dramatic geopolitical shifts have heavily impacted state-society relationships, power and authority in the international system. Weak States, Strong Societies analyses the effect of these developments on the new world order, arguing that the framework of 'weak state, strong society' appears even more applicable to the contemporary global landscape than it did during the Cold War. Focusing on a range of regional contexts, the book explores what constitutes a weak or strong state. It will be essential reading for specialists in politics and international relations, whether students or academic researchers.

The Orange Economy

Author: Inter American Development Bank

Publisher: Inter-American Development Bank

Published: 2013-10-01

Total Pages: 242

ISBN-13:

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This manual has been designed and written with the purpose of introducing key concepts and areas of debate around the "creative economy", a valuable development opportunity that Latin America, the Caribbean and the world at large cannot afford to miss. The creative economy, which we call the "Orange Economy" in this book (you'll see why), encompasses the immense wealth of talent, intellectual property, interconnectedness, and, of course, cultural heritage of the Latin American and Caribbean region (and indeed, every region). At the end of this manual, you will have the knowledge base necessary to understand and explain what the Orange Economy is and why it is so important. You will also acquire the analytical tools needed to take better advantage of opportunities across the arts, heritage, media, and creative services.