Shared Prosperity and Poverty Eradication in Latin America and the Caribbean

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 thi...

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Main Authors:	Cord, Louise, Genoni, Maria Eugenia, Rodriguez Castelan, Carlos
Format:	Book
Language:	en_US
Published:	Washington, DC: World Bank 2015
Subjects:	asset-based framework poverty measures Shared growth bottom 40 percent
Online Access:	http://hdl.handle.net/10986/21751

id	okr-10986-21751
recordtype	oai_dc
spelling	okr-10986-217512021-04-23T14:04:04Z Shared Prosperity and Poverty Eradication in Latin America and the Caribbean Cord, Louise Genoni, Maria Eugenia Rodriguez Castelan, Carlos Cord, Louise Genoni, Maria Eugenia Rodriguez Castelan, Carlos asset-based framework poverty measures Shared growth bottom 40 percent 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. 2015-04-16T16:10:47Z 2015-04-16T16:10:47Z 2015-04 Book 978-1-4648-0357-4 http://hdl.handle.net/10986/21751 en_US CC By 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Latin America & Caribbean Caribbean Central America Latin America South America Argentina Brazil Colombia El Salvador Mexico Paraguay Peru Uruguay
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	asset-based framework poverty measures Shared growth bottom 40 percent
spellingShingle	asset-based framework poverty measures Shared growth bottom 40 percent Cord, Louise Genoni, Maria Eugenia Rodriguez Castelan, Carlos Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
geographic_facet	Latin America & Caribbean Caribbean Central America Latin America South America Argentina Brazil Colombia El Salvador Mexico Paraguay Peru Uruguay
description	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.
author2	Cord, Louise
author_facet	Cord, Louise Cord, Louise Genoni, Maria Eugenia Rodriguez Castelan, Carlos
format	Book
author	Cord, Louise Genoni, Maria Eugenia Rodriguez Castelan, Carlos
author_sort	Cord, Louise
title	Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
title_short	Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
title_full	Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
title_fullStr	Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
title_full_unstemmed	Shared Prosperity and Poverty Eradication in Latin America and the Caribbean
title_sort	shared prosperity and poverty eradication in latin america and the caribbean
publisher	Washington, DC: World Bank
publishDate	2015
url	http://hdl.handle.net/10986/21751
_version_	1764449169449156608

Shared Prosperity and Poverty Eradication in Latin America and the Caribbean

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