Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead?
Between 1992 and 2013, and especially since 2003, Brazil experienced an unprecedented reduction in poverty and income inequality, a process common to several Latin American countries. The objective of this study is to identify the drivers of the social changes that we observed along this period in B...
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| Format: | Article |
| Language: | English |
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Stockholm University Press
2016-10-01
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| Series: | Iberoamericana: Nordic Journal of Latin American and Caribbean Studies |
| Subjects: | |
| Online Access: | http://www.iberoamericana.se/articles/4 |
| _version_ | 1819260118507716608 |
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| author | Luis Henrique Paiva |
| author_facet | Luis Henrique Paiva |
| author_sort | Luis Henrique Paiva |
| collection | DOAJ |
| description | Between 1992 and 2013, and especially since 2003, Brazil experienced an unprecedented reduction in poverty and income inequality, a process common to several Latin American countries. The objective of this study is to identify the drivers of the social changes that we observed along this period in Brazil, in comparison with other Latin American countries, and to discuss the prospects for the near future. Aspects such as the demographic transition, the reduction in earnings inequality, the country’s sustained economic growth and a set of employment and social policies are relevant to understand the process of reduction in overall poverty and inequality over the last two decades in Brazil. Although demographic changes should continue to play an important role towards poverty reduction in the future, the recent economic downturn puts a question mark over future prospects, at least in the short term. Job creation has already been overtaken by increasing unemployment rates, tax revenues are falling and the resulting fiscal crisis will limit any increase in expenditures with social policies. In the short-term, the country will face the challenge of staying its course regarding the reduction of poverty and inequality in light of a much more adverse economic scenario. |
| first_indexed | 2024-12-23T19:20:49Z |
| format | Article |
| id | doaj.art-7d8feb68c1504a6eacecc47f4cfb07f7 |
| institution | Directory Open Access Journal |
| issn | 0046-8444 2002-4509 |
| language | English |
| last_indexed | 2024-12-23T19:20:49Z |
| publishDate | 2016-10-01 |
| publisher | Stockholm University Press |
| record_format | Article |
| series | Iberoamericana: Nordic Journal of Latin American and Caribbean Studies |
| spelling | doaj.art-7d8feb68c1504a6eacecc47f4cfb07f72022-12-21T17:34:10ZengStockholm University PressIberoamericana: Nordic Journal of Latin American and Caribbean Studies0046-84442002-45092016-10-01451375010.16993/iberoamericana.485Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead?Luis Henrique Paiva0Institute for Applied Economic Research (IPEA) and the International Policy Centre for Inclusive Growth (IPC-IG)Between 1992 and 2013, and especially since 2003, Brazil experienced an unprecedented reduction in poverty and income inequality, a process common to several Latin American countries. The objective of this study is to identify the drivers of the social changes that we observed along this period in Brazil, in comparison with other Latin American countries, and to discuss the prospects for the near future. Aspects such as the demographic transition, the reduction in earnings inequality, the country’s sustained economic growth and a set of employment and social policies are relevant to understand the process of reduction in overall poverty and inequality over the last two decades in Brazil. Although demographic changes should continue to play an important role towards poverty reduction in the future, the recent economic downturn puts a question mark over future prospects, at least in the short term. Job creation has already been overtaken by increasing unemployment rates, tax revenues are falling and the resulting fiscal crisis will limit any increase in expenditures with social policies. In the short-term, the country will face the challenge of staying its course regarding the reduction of poverty and inequality in light of a much more adverse economic scenario.http://www.iberoamericana.se/articles/4PovertyInequalityPoverty reduction and Brazil |
| spellingShingle | Luis Henrique Paiva Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead? Iberoamericana: Nordic Journal of Latin American and Caribbean Studies Poverty Inequality Poverty reduction and Brazil |
| title | Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead? |
| title_full | Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead? |
| title_fullStr | Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead? |
| title_full_unstemmed | Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead? |
| title_short | Poverty and Inequality Reduction in Brazil – A Parenthesis in History or the Road Ahead? |
| title_sort | poverty and inequality reduction in brazil a parenthesis in history or the road ahead |
| topic | Poverty Inequality Poverty reduction and Brazil |
| url | http://www.iberoamericana.se/articles/4 |
| work_keys_str_mv | AT luishenriquepaiva povertyandinequalityreductioninbrazilaparenthesisinhistoryortheroadahead |