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.
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Taschenbuch. Etat : Neu. Neuware - Over the last decade, the Latin America and the Caribbean (LAC) region has experienced a steady decline in poverty rates. This trend has been accompanied by strong income growth of the bottom 40 percent, which is the World Bank Group's indicator for measuring shared prosperity. Nonetheless, further poverty reduction and steady income growth of the bottom 40 percent face challenges as LAC has witnessed both a slowdown of economic activity and a decline in the pace of inequality reduction. This book recognizes that the emphasis on improving the welfare of the less well-off in LAC requires transformational policies that restore growth and preserve macroeconomic stability, while at the same time reinforcing the ability of the less advantaged groups to participate in and contribute to growth.This book unpacks the trends and drivers of poverty reduction and shared prosperity in eleven LAC countries while also discussing the sustainability of development patterns at the country level. An overview chapter takes a comprehensive look at the heterogeneity of social outcomes and development challenges across this region of the world. Drawing upon the country chapters, four policy areas emerge which are relevant for reinforcing the links between growth and equity in LAC: equitable and sustainable fiscal and macroeconomic policies; fair and accountable public institutions capable of delivering quality basic services; accessible and competitive markets; and (4) adequate risk management. N° de réf. du vendeur 9781464803574
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