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This brief includes the following headings: How did the 2009 economic crisis affect poverty in Latin America? Why did poverty rise by less than predicted in 2009? Why did the links between poverty and growth fray during this crisis? Resilient markets buoyed labor incomes during the crisis and...
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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...
Persistent link: https://www.econbiz.de/10011152939
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...
Persistent link: https://www.econbiz.de/10011152952
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. Extreme poverty, defined in this region as life on less than $2.50 a day, has declined by half,...
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