Introduction [or giving Latin America's majority a fair chance] -- A dozen equity tools -- Rule-based fiscal discipline -- Smoothing booms and busts -- Social safety nets that trigger automatically -- More taxes on the rich and better spending on the rest -- Giving small businesses a chance --...

Preface -- Introduction -- Equity, inequality traps and institutions: a cross-disciplinary view / Anthony Bebbington, Anis Dani, Arjan de Haan and Michael Walton -- Inequality traps and institutionalized inequities -- Asset inequality and agricultural growth: how are patterns of asset inequality...

The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...

High inequality in incomes and assets and persistent poverty continue to plague Latin America and remain a central economic policy challenge for Latin American policymakers. At the same time, dramatically improved methods and data allow researchers to analyze these problems and how they are...