Title Shared prosperity and poverty eradication in Latin America and the Caribbean / Louise Cord, Maria Eugenia Genoni, and Carlos Rodríguez-Castelán, editors

Published Washington, DC : World Bank Group, [2015] ©2015

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Description 1 online resource (xxvi, 325 pages) Series World Bank e-Library. Contents Cover; Contents; Foreword; Acknowledgments; About the Editors and Authors; Abbreviations; 1. Overview; Introduction; Transformational Change in Living Standards in the Region; Tables; 1.1 Extreme Poverty Rates, Developing Regions, 2002 and 2011; Figures; 1.1 Socioeconomic Composition of the Population, Latin America and the Caribbean, 2003 and 2012; 1.2 Shared Prosperity: Annualized Income Growth, Developing Regions, around 2006-11; 1.2 Bottom 40 and Top 60: Household Characteristics, Latin America and the Caribbean, 2003 and 2012 1.3 Average GDP Growth Rates, Latin America and the Caribbean, 1990-20131.4 Trends in the Gini Coefficient, Latin America and the Caribbean, 2003-12; Boxes; 1.1 Poverty Trends in the Caribbean; 1.5 Extreme Poverty Rates, Latin America and the Caribbean, 2003-12; Maps; 1.1 Heterogeneity in Living Standards, Bolivia and Peru, 2007 and 2011; 1.6 Composition of the Bottom 40, Latin America and the Caribbean, 2003 and 2012; 1.7 Income Growth among the Bottom 40, Latin America and the Caribbean, around 2003-12 1.8 Income Growth, Bottom 40 and the Entire Population, Latin America and the Caribbean, around 2003-12The Asset-Based Approach to Gauging Household Income; 1.9 Contributions of Growth and Redistribution to Falls in Extreme Poverty, Latin America and the Caribbean, around 2003-12; 1.2 Stagnation in the Contraction of Income Inequality in the Region; B1.2.1 Gini Coefficient: Annualized Changes, Latin America and the Caribbean, 2003-10 and 2010-12; 1.10 The Asset-Based Approach to the Generation of Household Market Income; The Income Generating Capacity of the Less Well Off 1.11 Labor Income, Bottom 40 and Top 60, Latin America and the Caribbean, around 20121.12 The Reduction in Extreme Poverty, by Income Component, Latin America and the Caribbean, 2003-12; 1.13 Educational Attainment, Bottom 40 and Top 60, Latin America and the Caribbean, around 2003-12; 1.14 Completion of Sixth Grade on Time, Latin America and the Caribbean, 2000-12; 1.15 Gaps in Labor Force Participation, Bottom 40 and Top 60, Latin America and the Caribbean, 2003-12; 1.3 Explaining the Decline in Labor Force Participation among the Bottom 40 1.4 Connectivity Infrastructure in Latin America and the CaribbeanB1.4.1 Electricity Coverage Rates, Latin America and the Caribbean, 2000-12; B1.4.2 Cell Phone Coverage Rates, Latin America and the Caribbean, 2000-12; B1.4.3 Internet Coverage Rates, Latin America and the Caribbean, 2000-12; 1.16 The Rise in Hourly Wages, Bottom 40 and Top 60, Latin America and the Caribbean, 2003-12; 1.5 The Asset-Based Approach: Indigenous Populations; B1.5.1 2.50 and 4.00-a-Day Poverty Rates, Indigenous Populations, Latin America and the Caribbean, 2000-12 Summary Over the last decade Latin America and the Caribbean region has achieved important progress towards the World Bank Group's goals of eradicating extreme poverty and boosting income growth of the bottom 40 percent, propelled by remarkable economic growth and falling income inequality. Despite this impressive performance, social progress has not been uniform over this period, and certain countries, subregions and even socioeconomic groups participated less in the growth process. As of today, more than 75 million people still live in extreme poverty in the region (using .50/day/capita), half of them in Brazil and Mexico, and extreme poverty rates top 40 percent in Guatemala and reach nearly 60 percent in Haiti. This means that extreme poverty is still an important issue in both low- and middle-income countries in the region. As growth wanes and progress in reducing the still high levels of inequality in the region slows, it will be more important than ever for governments to focus policies on inclusive growth. The book includes an overview that highlights progress towards the goals of poverty eradication and shared prosperity between 2003 and 2012, unpacks recent gains at the household level using an income-based asset model, and examines some of the policy levers used to affect social outcomes in the region. It draws on 13 country studies, eight of which are featured in this volume: Argentina, Brazil, Colombia, El Salvador, Mexico, Paraguay, Peru, and Uruguay. The other case studies include: Bolivia, Chile, Dominican Republic, Ecuador, and Honduras, which will be included in the web version of the book Bibliography Includes bibliographical references Notes English Description based on print version record and CIP data provided by publisher; resource not viewed Subject Poverty -- Latin America Poverty -- Caribbean Area Poverty -- Government policy -- Latin America Poverty -- Government policy -- Caribbean Area Economic development -- Latin America Economic development -- Caribbean Area Income distribution -- Latin America Income distribution -- Caribbean Area Economic assistance, Domestic -- Latin America Economic assistance, Domestic -- Caribbean Area BUSINESS & ECONOMICS -- Economics -- Macroeconomics. POLITICAL SCIENCE -- Economic Conditions. Economic assistance, Domestic Economic development Income distribution Poverty Poverty -- Government policy Social policy SUBJECT Latin America -- Social policy Caribbean Area -- Social policy Subject Caribbean Area Latin America Form Electronic book Author Cord, Louise, editor Genoni, Maria E., editor. Rodríguez-Castelán, Carlos, editor. World Bank Group, issuing body. LC no. 2021702243 ISBN 9781464803581 1464803587

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