The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on...

The high rhythm of economic growth experienced by Latin America between 2003 and 2008 has had a positive impact on social and labor market indicators. This has become evident through the dynamic creation of employment, the reduction of unemployment and the fall of income inequality and poverty....