This paper presents a simple theoretical framework to explain variations in income inequality over time and between countries. It also analyses the factors responsible for the widespread rise in inequality during the neo-liberal reforms of 1980-2000 in the fields of trade, foreign direct...

The paper reviews the steady and widespread decline in income inequality which has taken place in most of Latin America over 2002-10 and which - if continued for another 2-3 years - would reduce the average regional income inequality to pre-liberalization levels. The paper then focuses on the...

The paper reviews the extent of the income inequality decline that took place in Latin America in 2002-10 and then focuses on the factors that may explain such decline. These include a lowered skill premium following an expansion of secondary education among the poor, and the adoption of more...

The paper reviews the steady and widespread decline in income inequality which has taken place in most of Latin America over 2002-10 and which - if continued for another 2-3 years - would reduce the average regional income inequality to pre-liberalization levels. The paper then focuses on the...