Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment

Isolated by nature, and recovering from a period of historically low growth during the eighties and nineties, Paraguay faced many economic and social challenges at the beginning of the twenty first century. By year 2000, Paraguay GDP per capita was...

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Main Author: World Bank Group
Other Authors: Lopez-Calva, Luis Felipe
Format: Other Poverty Study
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2014/06/19712382/volatility-inequality-constraints-shared-prosperity-paraguay-equity-assessment
http://hdl.handle.net/10986/18945
id okr-10986-18945
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABSOLUTE POVERTY
ACCESS TO ELECTRICITY
ACCESS TO GOODS
ACCESS TO MARKETS
ACCESS TO SERVICES
ADVERSE EFFECTS
AGRICULTURAL ACTIVITIES
AGRICULTURAL INPUTS
AGRICULTURAL INSURANCE
AGRICULTURAL OUTPUT
AGRICULTURAL PRACTICES
AGRICULTURAL PRODUCTION
AGRICULTURAL SELF-EMPLOYMENT
AGRICULTURAL WAGE
AGRICULTURAL WORKERS
ANIMAL HUSBANDRY
BASIC FOOD BASKET
BASIC FOOD REQUIREMENTS
BUDGET CONSTRAINTS
CASH TRANSFER PROGRAMS
CENTRAL BANK
CHANGES IN POVERTY
CHRONIC POVERTY
CHRONICALLY POOR
COMPARATIVE ANALYSIS
CONSUMER PRICE INDEX
CONSUMERS
DECLINE IN POVERTY
DIRECT TRANSFERS
DISPOSABLE INCOME
DIVERSIFICATION
DROUGHT
ECONOMIC GROWTH
ECONOMIC PROGRESS
ELASTICITY
EMPLOYMENT FOR WOMEN
EMPLOYMENT IN AGRICULTURE
EMPLOYMENT INCOME
EMPLOYMENT OPPORTUNITIES
EMPLOYMENT STATUS
EXTREME POVERTY
EXTREME POVERTY LINE
EXTREME POVERTY LINES
FAMILY FARMS
FAMILY INCOME
FINANCIAL CRISIS
FISCAL POLICIES
FISCAL POLICY
FOOD BASKET
FOOD ITEMS
FOOD PRICE
FOOD PRICES
FOOD REQUIREMENTS
FOOD SECURITY
FOOD SERVICES
GDP
GDP PER CAPITA
GINI COEFFICIENT
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH INSURANCE
HIGH UNEMPLOYMENT RATES
HOUSEHOLD HEAD
HOUSEHOLD HEADS
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD PER CAPITA INCOME
HOUSEHOLD SURVEY
HOUSING
IMPACT ON POVERTY
INCIDENCE OF POVERTY
INCOME
INCOME DISTRIBUTION
INCOME FLUCTUATIONS
INCOME GAINS
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INCOME VOLATILITY
INDICATORS OF POVERTY
INEQUALITY
INEQUALITY REDUCTION
INTERNATIONAL POVERTY LINE
IRRIGATION
LIVESTOCK PRODUCTS
MACROECONOMIC GROWTH
MEAT
NATIONAL OUTPUT
PAYROLL TAXES
POOR
POOR FAMILIES
POOR INDIVIDUALS
POOR LIVING
POOR PEOPLE
POOR RURAL HOUSEHOLDS
POVERTY ESTIMATES
POVERTY INCIDENCE
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY STATUS
PRICE FLUCTUATIONS
PRIVATE TRANSFERS
PRODUCTIVITY
PROPERTY TAXES
PUBLIC SPENDING
PURCHASING POWER
REDUCTION IN POVERTY
REDUCTION OF POVERTY
REGIONAL AVERAGE
RISK MANAGEMENT
RUNNING WATER
RURAL
RURAL AREA
RURAL AREAS
RURAL EMPLOYMENT
RURAL FAMILIES
RURAL HOUSEHOLDS
RURAL INEQUALITY
RURAL LABOR
RURAL POOR
RURAL POPULATION
RURAL POVERTY
RURAL SECTOR
SANITATION
SCHOOLING
SELF-EMPLOYMENT
SMALL BUSINESS
SMALL FARMS
SOCIAL POLICIES
SOCIAL PROGRAMS
SOCIAL SECURITY
STRUCTURAL CHANGE
TARGETING
TAX REVENUES
TAXATION
TOTAL FACTOR PRODUCTIVITY
TOTAL POVERTY
TRANSFER PROGRAMS
UNEMPLOYMENT
UNEMPLOYMENT RATE
VALUE ADDED
WAGE EARNERS
WAGE EMPLOYMENT
WAGE PREMIUM
WAGES
WELFARE MEASURE
spellingShingle ABSOLUTE POVERTY
ACCESS TO ELECTRICITY
ACCESS TO GOODS
ACCESS TO MARKETS
ACCESS TO SERVICES
ADVERSE EFFECTS
AGRICULTURAL ACTIVITIES
AGRICULTURAL INPUTS
AGRICULTURAL INSURANCE
AGRICULTURAL OUTPUT
AGRICULTURAL PRACTICES
AGRICULTURAL PRODUCTION
AGRICULTURAL SELF-EMPLOYMENT
AGRICULTURAL WAGE
AGRICULTURAL WORKERS
ANIMAL HUSBANDRY
BASIC FOOD BASKET
BASIC FOOD REQUIREMENTS
BUDGET CONSTRAINTS
CASH TRANSFER PROGRAMS
CENTRAL BANK
CHANGES IN POVERTY
CHRONIC POVERTY
CHRONICALLY POOR
COMPARATIVE ANALYSIS
CONSUMER PRICE INDEX
CONSUMERS
DECLINE IN POVERTY
DIRECT TRANSFERS
DISPOSABLE INCOME
DIVERSIFICATION
DROUGHT
ECONOMIC GROWTH
ECONOMIC PROGRESS
ELASTICITY
EMPLOYMENT FOR WOMEN
EMPLOYMENT IN AGRICULTURE
EMPLOYMENT INCOME
EMPLOYMENT OPPORTUNITIES
EMPLOYMENT STATUS
EXTREME POVERTY
EXTREME POVERTY LINE
EXTREME POVERTY LINES
FAMILY FARMS
FAMILY INCOME
FINANCIAL CRISIS
FISCAL POLICIES
FISCAL POLICY
FOOD BASKET
FOOD ITEMS
FOOD PRICE
FOOD PRICES
FOOD REQUIREMENTS
FOOD SECURITY
FOOD SERVICES
GDP
GDP PER CAPITA
GINI COEFFICIENT
GOVERNMENT EXPENDITURES
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH INSURANCE
HIGH UNEMPLOYMENT RATES
HOUSEHOLD HEAD
HOUSEHOLD HEADS
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD PER CAPITA INCOME
HOUSEHOLD SURVEY
HOUSING
IMPACT ON POVERTY
INCIDENCE OF POVERTY
INCOME
INCOME DISTRIBUTION
INCOME FLUCTUATIONS
INCOME GAINS
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INCOME VOLATILITY
INDICATORS OF POVERTY
INEQUALITY
INEQUALITY REDUCTION
INTERNATIONAL POVERTY LINE
IRRIGATION
LIVESTOCK PRODUCTS
MACROECONOMIC GROWTH
MEAT
NATIONAL OUTPUT
PAYROLL TAXES
POOR
POOR FAMILIES
POOR INDIVIDUALS
POOR LIVING
POOR PEOPLE
POOR RURAL HOUSEHOLDS
POVERTY ESTIMATES
POVERTY INCIDENCE
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY STATUS
PRICE FLUCTUATIONS
PRIVATE TRANSFERS
PRODUCTIVITY
PROPERTY TAXES
PUBLIC SPENDING
PURCHASING POWER
REDUCTION IN POVERTY
REDUCTION OF POVERTY
REGIONAL AVERAGE
RISK MANAGEMENT
RUNNING WATER
RURAL
RURAL AREA
RURAL AREAS
RURAL EMPLOYMENT
RURAL FAMILIES
RURAL HOUSEHOLDS
RURAL INEQUALITY
RURAL LABOR
RURAL POOR
RURAL POPULATION
RURAL POVERTY
RURAL SECTOR
SANITATION
SCHOOLING
SELF-EMPLOYMENT
SMALL BUSINESS
SMALL FARMS
SOCIAL POLICIES
SOCIAL PROGRAMS
SOCIAL SECURITY
STRUCTURAL CHANGE
TARGETING
TAX REVENUES
TAXATION
TOTAL FACTOR PRODUCTIVITY
TOTAL POVERTY
TRANSFER PROGRAMS
UNEMPLOYMENT
UNEMPLOYMENT RATE
VALUE ADDED
WAGE EARNERS
WAGE EMPLOYMENT
WAGE PREMIUM
WAGES
WELFARE MEASURE
World Bank Group
Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment
geographic_facet Latin America & Caribbean
Paraguay
description Isolated by nature, and recovering from a period of historically low growth during the eighties and nineties, Paraguay faced many economic and social challenges at the beginning of the twenty first century. By year 2000, Paraguay GDP per capita was only 50 percent of the Latin American average and 34 percent of its MERCOSUR partners. High poverty and inequality were an inherent characteristic of the country. Yet, between 2003 and 2013, Paraguay has performed substantially well, seeing a reduction in moderate and extreme (monetary) poverty. This is essentially the result of a period of average significant growth combined with a reduction in inequality. This report explores the factors associated to the observed improvements in welfare and inequality, and investigates the challenges facing their sustainability, given the historical structural problems of Paraguay to maintain growth and improve social indicators. The underlying question is indeed whether the growth model and reduction in inequality are consistent with a positive social dynamics, taking a comprehensive definition of equity, which includes sustainable elimination of absolute poverty, enhancing equality of opportunity and strengthening agency for all groups.
author2 Lopez-Calva, Luis Felipe
author_facet Lopez-Calva, Luis Felipe
World Bank Group
format Economic & Sector Work :: Other Poverty Study
author World Bank Group
author_sort World Bank Group
title Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment
title_short Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment
title_full Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment
title_fullStr Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment
title_full_unstemmed Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment
title_sort volatility and inequality as constraints to shared prosperity : paraguay equity assessment
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/06/19712382/volatility-inequality-constraints-shared-prosperity-paraguay-equity-assessment
http://hdl.handle.net/10986/18945
_version_ 1764443416931860480
spelling okr-10986-189452021-04-23T14:03:51Z Volatility and Inequality as Constraints to Shared Prosperity : Paraguay Equity Assessment World Bank Group Lopez-Calva, Luis Felipe Lugo, Maria Ana ABSOLUTE POVERTY ACCESS TO ELECTRICITY ACCESS TO GOODS ACCESS TO MARKETS ACCESS TO SERVICES ADVERSE EFFECTS AGRICULTURAL ACTIVITIES AGRICULTURAL INPUTS AGRICULTURAL INSURANCE AGRICULTURAL OUTPUT AGRICULTURAL PRACTICES AGRICULTURAL PRODUCTION AGRICULTURAL SELF-EMPLOYMENT AGRICULTURAL WAGE AGRICULTURAL WORKERS ANIMAL HUSBANDRY BASIC FOOD BASKET BASIC FOOD REQUIREMENTS BUDGET CONSTRAINTS CASH TRANSFER PROGRAMS CENTRAL BANK CHANGES IN POVERTY CHRONIC POVERTY CHRONICALLY POOR COMPARATIVE ANALYSIS CONSUMER PRICE INDEX CONSUMERS DECLINE IN POVERTY DIRECT TRANSFERS DISPOSABLE INCOME DIVERSIFICATION DROUGHT ECONOMIC GROWTH ECONOMIC PROGRESS ELASTICITY EMPLOYMENT FOR WOMEN EMPLOYMENT IN AGRICULTURE EMPLOYMENT INCOME EMPLOYMENT OPPORTUNITIES EMPLOYMENT STATUS EXTREME POVERTY EXTREME POVERTY LINE EXTREME POVERTY LINES FAMILY FARMS FAMILY INCOME FINANCIAL CRISIS FISCAL POLICIES FISCAL POLICY FOOD BASKET FOOD ITEMS FOOD PRICE FOOD PRICES FOOD REQUIREMENTS FOOD SECURITY FOOD SERVICES GDP GDP PER CAPITA GINI COEFFICIENT GOVERNMENT EXPENDITURES GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH INSURANCE HIGH UNEMPLOYMENT RATES HOUSEHOLD HEAD HOUSEHOLD HEADS HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD PER CAPITA INCOME HOUSEHOLD SURVEY HOUSING IMPACT ON POVERTY INCIDENCE OF POVERTY INCOME INCOME DISTRIBUTION INCOME FLUCTUATIONS INCOME GAINS INCOME GROWTH INCOME INEQUALITY INCOME POVERTY INCOME VOLATILITY INDICATORS OF POVERTY INEQUALITY INEQUALITY REDUCTION INTERNATIONAL POVERTY LINE IRRIGATION LIVESTOCK PRODUCTS MACROECONOMIC GROWTH MEAT NATIONAL OUTPUT PAYROLL TAXES POOR POOR FAMILIES POOR INDIVIDUALS POOR LIVING POOR PEOPLE POOR RURAL HOUSEHOLDS POVERTY ESTIMATES POVERTY INCIDENCE POVERTY RATE POVERTY RATES POVERTY REDUCTION POVERTY STATUS PRICE FLUCTUATIONS PRIVATE TRANSFERS PRODUCTIVITY PROPERTY TAXES PUBLIC SPENDING PURCHASING POWER REDUCTION IN POVERTY REDUCTION OF POVERTY REGIONAL AVERAGE RISK MANAGEMENT RUNNING WATER RURAL RURAL AREA RURAL AREAS RURAL EMPLOYMENT RURAL FAMILIES RURAL HOUSEHOLDS RURAL INEQUALITY RURAL LABOR RURAL POOR RURAL POPULATION RURAL POVERTY RURAL SECTOR SANITATION SCHOOLING SELF-EMPLOYMENT SMALL BUSINESS SMALL FARMS SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL SECURITY STRUCTURAL CHANGE TARGETING TAX REVENUES TAXATION TOTAL FACTOR PRODUCTIVITY TOTAL POVERTY TRANSFER PROGRAMS UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGE EARNERS WAGE EMPLOYMENT WAGE PREMIUM WAGES WELFARE MEASURE Isolated by nature, and recovering from a period of historically low growth during the eighties and nineties, Paraguay faced many economic and social challenges at the beginning of the twenty first century. By year 2000, Paraguay GDP per capita was only 50 percent of the Latin American average and 34 percent of its MERCOSUR partners. High poverty and inequality were an inherent characteristic of the country. Yet, between 2003 and 2013, Paraguay has performed substantially well, seeing a reduction in moderate and extreme (monetary) poverty. This is essentially the result of a period of average significant growth combined with a reduction in inequality. This report explores the factors associated to the observed improvements in welfare and inequality, and investigates the challenges facing their sustainability, given the historical structural problems of Paraguay to maintain growth and improve social indicators. The underlying question is indeed whether the growth model and reduction in inequality are consistent with a positive social dynamics, taking a comprehensive definition of equity, which includes sustainable elimination of absolute poverty, enhancing equality of opportunity and strengthening agency for all groups. 2014-07-21T17:44:43Z 2014-07-21T17:44:43Z 2015-01 http://documents.worldbank.org/curated/en/2014/06/19712382/volatility-inequality-constraints-shared-prosperity-paraguay-equity-assessment http://hdl.handle.net/10986/18945 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Other Poverty Study Economic & Sector Work Latin America & Caribbean Paraguay