Moving Up the Income Ladder? Obstacles to Indigenous Population in Latin America
Latin America is traditionally the region with the highest income and wealth inequality and the indigenous people are the most socially excluded group of the society. The obstacles they face on their way to becoming middle class are numerous. Markets sometimesoperate in an anti-poor way, e.g. capita...
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| Format: | Article |
| Language: | English |
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Institute of Public Finance
2005-12-01
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| Series: | Financial Theory and Practice |
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| Online Access: | http://www.ijf.hr/eng/FTP/2005/4/grguric.pdf |
| Summary: | Latin America is traditionally the region with the highest income and wealth inequality and the indigenous people are the most socially excluded group of the society. The obstacles they face on their way to becoming middle class are numerous. Markets sometimesoperate in an anti-poor way, e.g. capital market imperfections. Next, many Latin American countries are agrarian societies with high land inequality. Also, indigenous people continue to have lower health and education indicators. Possible solutions should include state intervention in providing easier access to credit for the indigenous, land reform, health and education systems that are more universal and better targeting of social transfers. |
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| ISSN: | 1846-887X 1845-9757 |