The first section of this paper reviews the most recent evidence on inequality in 18 LatinAmerican countries and shows that in all but four the changes in inequality over the1990s were small and insignificant. The distribution depends on the ownership and rateof return on assets, particularly...

Growth in the first post-reform decade in Latin America has been disappointing, largelybecause of a severe slowdown after 1995 in the countries in South America. Per capitaincome grew at only .9% per year between 1995 and 1999 compared to 2.7% for 1950-80and 1.5% for the nineties as a whole....