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Social gains in the balance : a fiscal policy challenge for Latin America and the Caribbean (English)

In 2012, the Latin America and the Caribbean (LAC) region continued its successful drive to reduce poverty and build the middle class. The proportion of the region's 600 million people living in extreme poverty, defined in the region as life on less than $2.50 a day, was cut in half between 2003 and 2012 to 12.3 percent. ... See More +

Working Paper 85162 FEB 01, 2014

Shifting gears to accelerate shared prosperity in Latin America and Caribbean (English)

The Latin America and Caribbean (LAC) region has made laudable progress in the past fifteen years in reducing poverty, building the middle class, and promoting prosperity for all levels of society. ... See More +

Publication 78507 JUN 01, 2013

J. Cord, Louise; Lucchetti, Leonardo; Rodriguez-Castelan, Carlos Spanish

Shifting gears to accelerate shared prosperity in Latin America and Caribbean : Cambiando la velocidad para acelerar la prosperidad compartida en America Latina y el Caribe (Spanish)

The Latin America and Caribbean (LAC) region has made laudable progress in the past fifteen years in reducing poverty, building the middle class, and promoting prosperity for all levels of society. ... See More +

Publication 78507 JUN 01, 2013

J. Cord, Louise; Lucchetti, Leonardo; Rodriguez-Castelan, Carlos English

The effect of women's economic power in Latin America and the Caribbean (English)

For the last decade economic growth in Latin America and the Caribbean (LAC) has sharply accelerated, pushing poverty and inequality to historic lows in the most unequal region in the world. ... See More +

Publication 74103 NOV 28, 2012

On the edge of uncertainty : poverty reduction in Latin America and the Caribbean during the great recession and beyond (English)

Strong poverty reduction in Latin America resumed with the growth rebound in 2010, as both moderate and extreme poor households benefitted from the recovery, accelerating poverty reduction to rates similar to those witnessed between 2003-2006 despite a 2.8 percent decline in Gross Domestic Product (GDP) per capita in Purchasing Power Parity (PPP) terms, poverty levels in Latin America (LAC) remained basically static during the great recession, as the poor were shielded from the economic crisis in some countries and continued to benefit from growth in others. ... See More +

Working Paper 66146 DEC 01, 2011

Azevedo, Joao Pedro; Cord, Louise; Bonilla, Carolina Diaz

On the edge of uncertainty : poverty reduction in Latin America and the Caribbean during the great recession and beyond : Al borde de la incertidumbre : reduccion de la pobreza en America latina y el caribe durante y despues de la gran recession (Spanish)

Strong poverty reduction in Latin America resumed with the growth rebound in 2010, as both moderate and extreme poor households benefitted from the recovery, accelerating poverty reduction to rates similar to those witnessed between 2003-2006 despite a 2.8 percent decline in Gross Domestic Product (GDP) per capita in Purchasing Power Parity (PPP) terms, poverty levels in Latin America (LAC) remained basically static during the great recession, as the poor were shielded from the economic crisis in some countries and continued to benefit from growth in others. ... See More +

Working Paper 66146 DEC 01, 2011

Azevedo, Joao Pedro; Cord, Louise; Bonilla, Carolina Diaz English

A break with history : fifteen years of inequality reduction in Latin America (English)

In 2004 the World Bank released a regional report titled 'Inequality in Latin America: Breaking with History?' Analyzing data from the early 1990s to the early 2000s, a period in which many countries in the region were experiencing increasing inequality, this study raised the question of whether Latin America could reverse its historical pattern of high and persistent inequality. ... See More +

Other Poverty Study 61294 APR 01, 2011

Did Latin America learn to shield its poor from economic shocks? (English)

This brief included the following headings: how did the 2009 economic crisis affect poverty in Latin America? Why did poverty rise by less than predicted in 2009? ... See More +

Working Paper 61273 OCT 01, 2010

Azevedo, Joao Pedro; Cord, Louise; Diaz-Bonilla, Carolina