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Understanding the poverty impact of the global financial crisis in Latin America and the Caribbean (English)

Any time there is an economic crisis; there is the very real potential that its consequences for human welfare will be severe. Thus when the developed world plunged into such a crisis in 2008 and growth rates in Latin America and the Caribbean (LAC) began to plummet, fears rose that the region will suffer rising unemployment, poverty, malnutrition, and infant mortality, among other things. This study confirms and quantifies many of the sobering links...
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Bussolo,Maurizio; Dixon,Peter B.; Freije-Rodriguez,Samuel; Fruttero,Anna; Grosh,Margaret Ellen; Oliveri,Maria Laura; Rimmer, Maureen; Savescu,Cristina; Verikios, George; De Hoyos Navarro,Rafael E..

Understanding the poverty impact of the global financial crisis in Latin America and the Caribbean (English). Directions in development|human development Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/456681468045552129

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