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This paper discusses poverty and unemployment in Argentina, beginning with the turbulent years since 1980. Argentina suffered a 25 percent reduction in per capita income, two bouts of hyperinflation and a sharp rise in poverty during the 1980s. In 1990, the Menem government began a profound...
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Latin America has long had the most unequally distributed income in the world because of land ownership patterns, development and education policies and demography, which have swelled the supply of unskilled labour and demand for skilled workers, leading to widening inequality. Import...
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The first section of this paper reviews the most recent evidence on inequality in 18 Latin American countries and shows that in all but four the changes in inequality over the 1990s were small and nsignificant. The distribution depends on the ownership and rate of return on assets, particularly...
Persistent link: https://www.econbiz.de/10005038235
Growth in the first post-reform decade in Latin America has been disappointing, largely because of a severe slowdown after 1995 in the countries in South America. Per capita income grew at only .9% per year between 1995 and 1999 compared to 2.7% for 1950-80 and 1.5% for the nineties as a whole....
Persistent link: https://www.econbiz.de/10005038244
This paper discusses poverty and unemployment in Argentina, beginning with the turbulent years since 1980. Argentina suffered a 25 percent reduction in per capita income, two bouts of hyperinflation and a sharp rise in poverty during the 1980s. In 1990, the Menem government began a profound...
Persistent link: https://www.econbiz.de/10010653673